Similar Search Results

The Unemployment Inflation Trade-Off in the Euro Area

Linzert, Tobias - Institute for the Study of Labor (IZA) - 2005

This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of … unemployment. Using a panel data approach, this paper models directly the specific structural determinants of the natural rate of …

Persistent link: https://www.econbiz.de/10005703542

The US Inflation-Unemployment Tradeoff: Methodological Issues and Further Evidence

Karanassou, Marika; Sala, Hector - Institute for the Study of Labor (IZA) - 2009

chain reactions, and provides new evidence on the long-run inflation-unemployment tradeoff in the US. It is argued that … inflation/unemployment responses to money growth shocks. SVAR (structural vector autoregression) and GMM (generalised method of … and real sides of the economy are symbiotic. In the light of the significant and robust long-run inflation …

Persistent link: https://www.econbiz.de/10005030883

Search Frictions on Product and Labor Markets: Money in the Matching Function

Lehmann, Etienne; Linden, Bruno Van der - Institute for the Study of Labor (IZA) - 2007

not efficient. Inflation is detrimental to unemployment. …

Persistent link: https://www.econbiz.de/10005700844

Worker Identity, Employment Fluctuations and Stabilization Policy

Snower, Dennis J.; Lechthaler, Wolfgang - Institute for the Study of Labor (IZA) - 2013

This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...

Persistent link: https://www.econbiz.de/10010884315

Macroeconomic Policy and Unemployment by Economic Activity: Evidence from Turkey

Berument, Hakan; Dogan, Nukhet; Tansel, Aysit - Institute for the Study of Labor (IZA) - 2008

This paper investigates how macroeconomic policy shocks in Turkey affect the total unemployment and provides evidence on the differential responses of the unemployment by sectors of economic activity. Our paper extends the previous work in two respects. First, we consider not only the response...

Persistent link: https://www.econbiz.de/10005763845

The Great Recession of 2008-2009: Causes, Consequences and Policy Responses

Verick, Sher; Islam, Iyanatul - Institute for the Study of Labor (IZA) - 2010

Starting in mid-2007, the global financial crisis quickly metamorphosed from the bursting of the housing bubble in the US to the worst recession the world has witnessed for over six decades. Through an in-depth review of the crisis in terms of the causes, consequences and policy responses, this...

Persistent link: https://www.econbiz.de/10008506085

Australia: The Miracle Economy

Junankar, Pramod N. - Institute for the Study of Labor (IZA) - 2013

made in terms of several macroeconomic indicators, GDP, Unemployment, Inflation, Current Account Balances, and debt. …

Persistent link: https://www.econbiz.de/10010681275

Gender Differences in Job Separation Rates and Employment Stability: New Evidence from Employer-Employee Data

Frederiksen, Anders - Institute for the Study of Labor (IZA) - 2006

I analyze the job separation process to learn about gender differences in job separation rates and employment stability. An essential finding is that employer-employee data are required to identify gender differences in job separation probabilities because of labor market segregation. Failure to...

Persistent link: https://www.econbiz.de/10005703103

Employment Changes, the Structure of Adjustment Costs, and Plant Size

Nilsen, Øivind A.; Salvanes, Kjell G.; Schiantarelli, Fabio - Institute for the Study of Labor (IZA) - 2003

In this paper we analyze the pattern of employment adjustment using a rich panel of Norwegian plants. The data suggest …

Persistent link: https://www.econbiz.de/10005703432

Dynamics of Labour and Capital Adjustment - A Comparison of Germany and the Netherlands

Polder, Michael; Verick, Sher - Institute for the Study of Labor (IZA) - 2004

In this paper we investigate the dynamic adjustment of labour and capital in German and Dutch firms. The Dutch labour market is characterised by greater flexibility in wages and work arrangements in comparison to Germany. These institutional differences imply that employment dynamics in the two...

Persistent link: https://www.econbiz.de/10005703624

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