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This paper introduces staggered right-to-manage wage bargaining into a NewKeynesian business cycle model. Our key result is that the model is able to generatepersistent responses in output, inflation, and total labor input to both neutraltechnology and monetary policy shocks. Furthermore, we...
Persistent link: https://www.econbiz.de/10008845687
This paper addresses the large degree of frictional wage dispersion in US data.The standard job matching model without …-the-job searchin a stochastic job matching model. Our key result is that the inclusion of variableon-the-job search increases the …
Persistent link: https://www.econbiz.de/10008845688
This paper empirically examines the impact of temporary agency work on firm performanceusing panel data from German establishments. Thereby, special attention is devoted to thequestion, whether there are performance differences between firms using temporary agencyworkers (TAWs) as a buffer stock...
Persistent link: https://www.econbiz.de/10009022099
matching (PSM) estimators. Additionally, we also apply a combinedmatching difference-in-differences (MDiD) estimator to account …
Persistent link: https://www.econbiz.de/10005867870