Similar Search Results

Employment adjustment and part-time jobs : the U.S. and the U.K. in the Great Recession

Borowczyk-Martins, Daniel; Lalé, Etienne - 2016

We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially during cyclical swings in the labor market. Building on this result, we propose a novel representation of the intensive margin based on a stock-flow framework. The evolution of...

Persistent link: https://www.econbiz.de/10011455784

Testing for asymmetry in British, German and US unemployment data

Kohns, Stephan - 2001

Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an asymmetric pattern in the evolution of unemployment,...

Persistent link: https://www.econbiz.de/10011403213

Unemployment and endogenous reallocation over the business cycle

Carrillo-Tudela, Carlos; Visschers, Ludo - 2013

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between...

Persistent link: https://www.econbiz.de/10009683022

Uncertainty shocks and unemployment dynamics

Kandoussi, Malak; Langot, François - 2020

Recent events suggest that uncertainty changes play a major role in U.S. labor market fluctuations. This study analyzes the impact of uncertainty shocks on unemployment dynamics. Using a vector autoregression approach, we show that uncertainty shocks measured by stock market volatility have a...

Persistent link: https://www.econbiz.de/10012243477

Good skills in bad times : cyclical skill mismatch and the long-term effects of graduating in a recession

Liu, Kai; Salvanes, Kjell G.; Sørensen, Erik Ø. - 2012

We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career loss from graduating in recessions. Using Norwegian data, we find a strong countercyclical...

Persistent link: https://www.econbiz.de/10009613683

Real wages and the business cycles in Germany

Marczak, Martyna; Beissinger, Thomas - 2010

This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany. As detrending methods we apply the deterministic trend model, the Beveridge-Nelson decomposition, the Hodrick-Prescott filter, the Baxter-King filter and the structural time...

Persistent link: https://www.econbiz.de/10009009395

Macroeconomic volatilities and the labor market : first results from the euro experiment

Merkl, Christian; Schmitz, Tom - 2010

This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … and inflation volatility ; labor turnover costs ; unemployment benefits ; unemployment ; eurozone … on inflation volatility, which can also be rationalized by our theoretical model. -- Labor market institutions ; output …

Persistent link: https://www.econbiz.de/10003961662

Some thoughts on macroeconomic fluctuations and the timing of labor market reform

Saint-Paul, Gilles - 2002

In this paper, I analyze the pros and cons of implementing structural reforms of the labor market in booms vs. recessions, in light of considerations of social efficiency, political viability, and macroeconomic fine tuning. While the optimal timing of a reform depends on the relative importance...

Persistent link: https://www.econbiz.de/10011414121

Real wage cyclicality in the Eurozone before and during the Great Recession : evidence from micro data

Verdugo, Gregory - 2015

We study the response of real wages to the business cycle in eight major Eurozone countries before and during the Great …

Persistent link: https://www.econbiz.de/10011386663

Exchange rate volatility effects on the German labour market : a survey of recent results and extensions

Buscher, Herbert S.; Mueller, Claudia - 1999

In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different volatility measures and four country groups. In...

Persistent link: https://www.econbiz.de/10011294706

1
2
3
4
5
6
7
8
9
10
Next
Last