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Dismissal Protection and Worker Flows in Small Establishments
Bauer, Thomas K.; Bender, Stefan; Bonin, Holger - Institute for the Study of Labor (IZA) - 2004
Based on a large employer-employee matched data set, the paper investigates the effects of variable enforcement of German dismissal protection legislation on the employment dynamics in small establishments. Specifically, using a difference-in-differences approach, we study the effect of changes...
Persistent link: https://www.econbiz.de/10005822158
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The Return of the Long-Run Phillips Curve
Graham, Liam; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002
-run inflation-unemployment tradeoff. …
Persistent link: https://www.econbiz.de/10005822071
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Adjustment Dynamics and the Natural Rate: An Account of UK Unemployment
Henry, Brian; Karanassou, Marika; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 1999
This paper challenges what is the standard account of UK unemployment, namely that the major swings in unemployment … over the past 25 years are due predominantly to movements in the underlying empirical "natural rate of unemployment" (NRU … unemployment are due, instead, to very prolonged after-effects of persistent (transitory but long-lasting) shocks. We argue that (a …
Persistent link: https://www.econbiz.de/10005763790
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The European Phillips Curve: Does the NAIRU Exist?
Karanassou, Marika; Sala, Hector; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2003
model, covering a panel of EU countries, and derives the implied long-run inflation-unemployment tradeoff. Our results …
Persistent link: https://www.econbiz.de/10005566739