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Employment Fluctuations in a Dual Labor Market

Costain, James S. - 2010

single contract type. Calibrating our model to Spain, we find that unemployment fluctuates 21% more under duality than it …

Persistent link: https://www.econbiz.de/10013144463

Timed to Say Goodbye : Does Unemployment Benefit Eligibility Affect Worker Layoffs?

Albanese, Andrea - 2019

We study how unemployment benefit eligibility affects the layoff exit rate by exploiting quasiexperimental variation in eligibility rules in Italy. By using a difference-indifferences estimator, we find an instantaneous increase of about 12% in the layoff probability when unemployment benefit...

Persistent link: https://www.econbiz.de/10012891286

Labor Market Reform and Price Stability : An Application to the Euro Area

Thomas, Carlos - 2008

This paper studies the effect of labor market reform, in the form of reductions in firing costs and unemployment benefits, on inflation volatility. With this purpose, we build a New Keynesian model with search and matching frictions in the labor market, and estimate it using Euro Area data....

Persistent link: https://www.econbiz.de/10012723120

Wage, Inflation and Employment Dynamics with Labour Market Matching

Christoffel, Kai Philipp; Costain, James S.; de Walque, … - 2009

In a search and matching environment, this paper assesses a range of modeling setups against macro evidence for the monetary transmission mechanism in the euro area. In particular, we assess right-to-manage vs. efficient bargaining, flexible vs. sticky wages, interactions at the firm level...

Persistent link: https://www.econbiz.de/10014204635

Does the Added Worker Effect Matter?

Guner, Nezih; Kulikova, Yuliy; Valladares-Esteban, Arnau - 2021

negative skewness (declining quickly in recessions and recovering slowly in expansions). In recessions, while some women lose …

Persistent link: https://www.econbiz.de/10013234456

Does Immigration Affect the Phillips Curve? Some Evidence for Spain

Bentolila, Samuel - 2008

The Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15 percentage points, with roughly … Spain over this period. We show that the New Keynesian Phillips curve is shifted by immigration if natives' and immigrants …' labor supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since …

Persistent link: https://www.econbiz.de/10012723899

Spain : From Immigration to Emigration?

Izquierdo, Mario - 2015

Since the start of the Great Recession the unemployment rate in Spain has risen by almost 18 percentage points. The … (1995-2007) that set the number of foreigners living in Spain at 11% of the population. This paper documents the … characteristics of recent migration flows to Spain and compares how foreign and Spanish nationals are moving abroad and across Spanish …

Persistent link: https://www.econbiz.de/10013027919