labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves ….e. unexpected changes in the drift and standard deviation of the stochastic process describing the dynamics of productivity, depends … workers with idiosyncratic productivity below some threshold value. A more volatile environment, and a lower rate of …

paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a … volatility is then ambiguous. The paper reveals the underlying endogeneity of government size in a balanced panel of 95 countries … increase of volatility lowers growth by up to 0.57 percentage points in a democracy, but raises growth by 1.74 percentage …

What is the relationship between economic growth and its volatility? Does political instability affect growth directly … or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual … legislative changes) has an indirect (through volatility) negative impact. We also find preliminary support for the idea that …

.g., cabinet changes) has an indirect (through volatility) impact on growth; (iii) the effect of financial development is positive … and, surprisingly, not via volatility; (iv) the informal instability effects are much larger in the short- than in the …

Argentina is the only country in the world that was "developed" in 1900 and "developing" in 2000. The various competing … individual effects on economic growth and volatility using the power-ARCH framework with annual data since the 1890s. The results …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

whether there are some productivity-enhancing externalities gained from this growing diversity within firms. In recent years … migration research has demonstrated positive economic impacts of cultural diversity on productivity and innovation at the … administrative data obtained from Statistics Netherlands. Excluding firms in the hospitality industry and other industries that …

/2002, which includes information on 12,757 employees in the Netherlands. We find that workers in these particular subindustries of …

achieve similar volatility than fully deregulated labor markets. Flexibility at the margin produces a gap in separation costs … de labor market volatility. This increased volatility is partially reverted when limitations in the duration and number … explain the similar volatility observed in many regulated OECD labor markets with flexibility at the margin vis-à-vis the …