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Real Wages over the Business Cycle: OECD Evidence from the Time and Frequency Domains
Messina, Julián; Strozzi, Chiara; Turunen, Jarkko - Institute for the Study of Labor (IZA) - 2008
positive correlation between the cyclicality of real wages and employment, suggesting that policy complementarities may …
Persistent link: https://www.econbiz.de/10005703513
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Real Wages and the Business Cycle in Germany
Marczak, Martyna; Beissinger, Thomas - Institute for the Study of Labor (IZA) - 2010
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany. As detrending methods we apply the deterministic trend model, the Beveridge-Nelson decomposition, the Hodrick-Prescott filter, the Baxter-King filter and the structural time...
Persistent link: https://www.econbiz.de/10008678691
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Immigrants' Employment Outcomes over the Business Cycle
Orrenius, Pia M.; Zavodny, Madeline - Institute for the Study of Labor (IZA) - 2010
the housing bust. An analysis of employment and unemployment rates over the past 15 years shows that immigrants' labor … market outcomes are more cyclical than those of natives. The greater cyclicality of immigrants' employment and unemployment …-sensitive employment outcomes than college-educated natives. …
Persistent link: https://www.econbiz.de/10008765238
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Real Unit Labour Costs in Eurozone Countries: Drivers and Clusters
Ordóñez, Javier; Sala, Hector; Silva, José I. - Institute for the Study of Labor (IZA) - 2014
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components – real wages, capital intensity, and technology – are uncovered through decomposition and cluster analyses. In...
Persistent link: https://www.econbiz.de/10010884247
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Doing Well in Reforming the Labour Market? Recent Trends in Job Stability and Wages in Germany
Giannelli, Gianna Claudia; Jaenichen, Ursula; Rothe, Thomas - Institute for the Study of Labor (IZA) - 2013
The German "employment miracle", with a weak decline in employment and low unemployment during the great recession …
Persistent link: https://www.econbiz.de/10010691288
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An Essay on Real Wage Index Numbers
Pencavel, John - Institute for the Study of Labor (IZA) - 2011
Real wage index numbers have been used to measure movements in the standard of living of the typical worker. This paper describes some of these indicators for the United States and England. A new real wage index is proposed that resembles the sliding scale used to adjust wages in certain...
Persistent link: https://www.econbiz.de/10008804587
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The Impact of the Unemployment Benefit System on International Spillover Effects
Beissinger, Thomas; Buesse, Oliver - Institute for the Study of Labor (IZA) - 2002
effects are caused by changes in world real income. The paper provides new insights on how changes in world real income affect …
Persistent link: https://www.econbiz.de/10005762260
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Wage Determination and Imperfect Competition
Booth, Alison L. - Institute for the Study of Labor (IZA) - 2014
A striking feature of the past few decades has been the development of wage-determination models that assume that labour markets are imperfectly competitive. This paper discusses two such models (trade unions and oligopsony), although there are many more. It also asks if imperfectly competitive...
Persistent link: https://www.econbiz.de/10010959709
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Labour and Product Market Reforms: A Case for Policy Complementarity
Amable, Bruno; Gatti, Donatella - Institute for the Study of Labor (IZA) - 2004
This paper is a contribution to the debate on policy complementarity in relation to deregulation in the product and labour markets. We develop a model of dynamic efficiency wages and monopolistic competition. Whereas most of the literature points toward the gains associated to an increase in...
Persistent link: https://www.econbiz.de/10005822508
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The Impact of Product Market Competition on Employment and Wages
Amable, Bruno; Gatti, Donatella - Institute for the Study of Labor (IZA) - 2001
competition may indeed generate employment losses rather than gains. …
Persistent link: https://www.econbiz.de/10005700853