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A reappraisal of the inflation-unemployment tradeoff.
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - Kiel Institute for the World Economy - 2005
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to staggered wage contracts with time discounting), the...
Persistent link: https://www.econbiz.de/10008520206
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Fragmentation and trade : US inward processing trade in the EU.
Görg, Holger - Kiel Institute for the World Economy - 2000
Persistent link: https://www.econbiz.de/10008520218
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Does Foreign Direct Investment Promote Regional Development in Developed Countries? A Markov Chain Approach for US States.
Bode, Eckhardt; Nunnenkamp, Peter - Kiel Institute for the World Economy - 2010
Persistent link: https://www.econbiz.de/10008643702
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Relocation, offshoring and labour market repercussions : the case of the German automobile industry in Central Europe.
Nunnenkamp, Peter - Kiel Institute for the World Economy - 2006
foreign direct investment in Central Europe may have helped the relatively favourable employment and earnings record of the … production. Employment and wages diverged considerably within the German automobile industry. Relative to skilled workers, the …
Persistent link: https://www.econbiz.de/10008520133
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Unemployment in the European Union : a dynamic reappraisal.
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - Kiel Institute for the World Economy - 2003
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain-reaction perspective, in which unemployment movements are...
Persistent link: https://www.econbiz.de/10008520146
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Can insider power affect employment?.
Díaz-Vázquez, Pilar; Snower, Dennis J. - Kiel Institute for the World Economy - 2003
Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired … firing in recessions, while leaving hiring in booms unchanged. Thereby insider power reduces average employment. …
Persistent link: https://www.econbiz.de/10008520169
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An Incentive Theory of Matching.
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Kiel Institute for the World Economy - 2010
This paper examines the labour market matching process by distinguishing its two component stages: the contact stage, in which job searchers make contact with employers and the selection stage, in which they decide whether to match. We construct a theoretical model explaining two-sided selection...
Persistent link: https://www.econbiz.de/10008492138
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Education and economic development : an empirical perspective.
Gundlach, Erich - Kiel Institute for the World Economy - 2001
There is surprisingly little macroeconomic empirical research which would support a presumed link between education and development. I identify three major reasons why it remains difficult to estimate the economic relevance of education as a determinant of growth and development. First, most...
Persistent link: https://www.econbiz.de/10008520176
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Deutschland: vorerst weiter schwache Konjunktur und kaum Aussicht auf höheres Wachstum.
Benner, Joachim; Boss, Alfred; Kamps, Annette; Meier, … - Kiel Institute for the World Economy - 2005
Persistent link: https://www.econbiz.de/10008590674
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Verhaltener Produktionsanstieg in den Industrieländern.
Gern, Klaus-Jürgen; Scheide, Joachim; Schlie, Markus; … - Kiel Institute for the World Economy - 1998
Persistent link: https://www.econbiz.de/10008590691