Similar Search Results

Macroeconomic Volatilities and the Labor Market: First Results from the Euro Experiment

Merkl, Christian; Schmitz, Tom - Institute for the Study of Labor (IZA) - 2010

This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … on inflation volatility, which can also be rationalized by our theoretical model. …

Persistent link: https://www.econbiz.de/10008611512

Labour Market Dynamics in Spanish Regions: Evaluating Asymmetries in Troublesome Times

Sala, Hector; Trivín, Pedro - Institute for the Study of Labor (IZA) - 2013

' relative position persists: those with the highest unemployment rates in 1996 were also in the worse position in 2012. To … reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …, unemployment and spatial mobility become the central ones in recession. We also provide evidence of real wage rigidities in both …

Persistent link: https://www.econbiz.de/10011212754

Labour markets and the crisis

Economics Department, Organisation de Coopération et …; … - 2010

The deep recession has led to a marked deterioration in labour market conditions in the OECD area. This paper, which draws heavily on other ongoing analytical work at the OECD, takes stock of recent labour market developments, highlights some of the key uncertainties in the early stages of the...

Persistent link: https://www.econbiz.de/10008542497

Flexibility vs. Rigidity: Does Spain have the worst of both Worlds?

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2000

In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the jon loss rate is much...

Persistent link: https://www.econbiz.de/10005703292

Measuring Heterogeneity in Job Finding Rates Among the Nonemployed Using Labor Force Status Histories

Kudlyak, Marianna; Lange, Fabian - Institute for the Study of Labor (IZA) - 2014

We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...

Persistent link: https://www.econbiz.de/10011094076

The Incidence and Persistence of Cyclical Job Loss in New Zealand

Maré, Dave C.; Fabling, Richard - Institute for the Study of Labor (IZA) - 2013

cyclical job loss and unemployment fell disproportionately on young and unskilled workers. The paper identifies, by age, gender …

Persistent link: https://www.econbiz.de/10010887062

Separations, Sorting and Cyclical Unemployment

Mueller, Andreas I. - Institute for the Study of Labor (IZA) - 2012

This paper establishes a new fact about the compositional changes in the pool of unemployed over the U.S. business cycle and evaluates a number of theories that can potentially explain it. Using micro-data from the Current Population Survey for the years 1962-2011, it documents that in...

Persistent link: https://www.econbiz.de/10010575480

The Beveridge Curve

Yashiv, Eran - Institute for the Study of Labor (IZA) - 2006

. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

Persistent link: https://www.econbiz.de/10005763504

Fiscal Policy and the Labour Market: The Effects of Public Sector Employment and Wages

Gomes, Pedro Maia - Institute for the Study of Labor (IZA) - 2010

the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … have mixed effects on unemployment. A wage shock raises the unemployment rate, while a reduction in the separations lowers … it. Hiring more people can increase or decrease the unemployment rate. All shocks raise the wage and crowd out employment …

Persistent link: https://www.econbiz.de/10008727771

An Incentive Theory of Matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2009

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...

Persistent link: https://www.econbiz.de/10004961441