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Labor Market Dynamics under Long Term Wage Contracting

Rudanko, Leena - Society for Economic Dynamics - SED - 2006

in unemployment and vacancies but also wages, is the drop in consumption for the unemployed. In addition, explaining the …

Persistent link: https://www.econbiz.de/10005090796

"The effects of inflation in a search model of labor"

Samaniego, Roberto; Peterson, Brian - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005069369

The US-European Unemployment Divide Revisited: The Role of Growth and Convergence

Pissarides, Christopher A - Society for Economic Dynamics - SED - 2006

In this paper I argue that most comparisons of the unemployment dynamics in the United States and Europe since the war … experiences in the two continents. Growth has a big impact on unemployment in econometric estimation. I use established estimates …

Persistent link: https://www.econbiz.de/10005090733

Indivisible Labor and Its Supply Elasticity: Do Taxes Explain European Employment?

Ljungqvist, Lars; Sargent, Thomas J. - Society for Economic Dynamics - SED - 2006

role to cross-country differences in social unemployment insurance institutions that Prescott argues can be safely ignored …

Persistent link: https://www.econbiz.de/10005069229

A dynamic matching model with downward wage rigidity

Jansen, Marcel; Costain, James - Society for Economic Dynamics - SED - 2004

labor market models have a hard time generating the degree of cyclical volatility in unemployment and vacancies that is …, job destruction and unemployment. We start from the reasonable assumption that the disutility of effort (in our case the … the average unemployment rate. It is important to point out that in our paper, incorporating an incentive compatible wage …

Persistent link: https://www.econbiz.de/10005069525

How Large are Search Frictions

Gautier, Pieter; Teulings, Coen - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005027237

Structural Change and Aggregate Employment with Mobility Barriers

Pissarides, Christopher; Ngai, Liwa Rachel - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10004970319

Firm Dynamics with Infrequent Adjustment and Learning

Pinto, Eugenio - Society for Economic Dynamics - SED - 2006

Recent empirical findings have emphasized post entry growth of survivors, as opposed to exit of inefficient and small firms, as the main source of growth over time in the average size of a cohort of entering firms. One proposed explanation for the post entry growth of survivors is financing...

Persistent link: https://www.econbiz.de/10004977923

Financial Markets and Wages

Michelacci, Claudio; Quadrini, Vincenzo - Society for Economic Dynamics - SED - 2004

We study the optimal long-term contract offered to workers when firms are financially constrained in their investment plans. To alleviate the tightness of the financial constraints, firms promise an increasing wage profile to workers, that is, they pay lower wages today in exchange of higher...

Persistent link: https://www.econbiz.de/10005085480

Incomplete self-enforcing labor contracts

Menzio, Guido; Moen, Espen - Society for Economic Dynamics - SED - 2006

unemployment rate to small and negative shocks to aggregate productivity. …

Persistent link: https://www.econbiz.de/10005090738