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The unemployment effect of central bank transparency

Weber, Christoph S. - 2017

economic outcomes. The question is whether higher transparency comes at some cost, i.e. higher unemployment or higher … unemployment variability. Firstly, the article shows in a theoretical model that opaqueness regarding the central bank …’s preferences does not necessarily lead to lower unemployment. Secondly, the paper analyses the main theoretical results of other …

Persistent link: https://www.econbiz.de/10011705413

Ausmaß und reale Konsequenzen nach unten starrer Nominallöhne : eine Untersuchung für den deutschen Arbeitsmarkt

Bläs, Barno - 2008

; equilibrium unemployment ; inflation target ; Phillips curve ; Lucas critique ; Germany …

Persistent link: https://www.econbiz.de/10009746167

Uncertainty shocks and employment fluctuations in Germany : the role of establishment size

Kovalenko, Tim - 2021

Uncertainty shocks are found to adversely affect labor market outcomes. Most studies attribute labor adjustments costs for the propagation of macroeconomic uncertainty to the labor market. Given that large establishments in Germany face higher labor adjustments cost, they should be affected more...

Persistent link: https://www.econbiz.de/10012614112

Employment effects of payroll tax subsidies

Collischon, Matthias; Cygan-Rehm, Kamila; Riphahn, Regina T. - 2020

This paper exploits several reforms of wage subsidies in the framework of the German Minijob program to investigate substitution and complementarity relationships between subsidized and non-subsidized labor demand. We apply an instrumental variables approach and use administrative data on German...

Persistent link: https://www.econbiz.de/10012172412

Income taxation and job creation

Röhrs, Johanna - 2021

In this paper, I argue that there is an inefficiently high number of job creators in a model with labour market imperfections and an endogenous decision to become a job creator. I therefore augment the standard labour matching model developed by Mortensen and Pissarides by an endogenous job...

Persistent link: https://www.econbiz.de/10012533158

The effect of Central Bank transparency on exchange rate volatility

Weber, Christoph S. - 2017

The increase in central bank transparency was one of the main developments in central banking in the last two decades. This leads to the question of which effect central bank transparency has on the volatility of exchange rates. According to theoretical considerations, more information could...

Persistent link: https://www.econbiz.de/10011722975