Narrow search
Showing 1 - 3 of 3
Cover Image
The Beveridge Curve and Labour Market Flows - a Reinterpretation
Gottfries, Nils - 2019
unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low … cyclical behaviour of stocks and flows in the labour market also without search frictions. In periods of high unemployment …
Persistent link: https://www.econbiz.de/10012867870
Cover Image
Deep Dynamics
Gottfries, Nils; Mickelsson, Glenn; Stadin, Karolina - 2021
How do firms adjust their output, inventories, employment and capital in response to demandside shocks? To understand this, we estimate a reduced-form model using firm-level panel data and we construct a theoretical model that can match the estimated impulse-response functions. A combination of...
Persistent link: https://www.econbiz.de/10013246916
Cover Image
On the Interaction between Minimum Wage Adoption and Fiscal Redistribution : A Theoretical and Empirical Investigation
Economides, George - 2020
We explain the public's support for the minimum wage (MW) institution despite economists' warnings that the MW is a "blunt instrument" for redistribution. To do so we build a model in which workers are heterogeneous in ability, and the government engages in redistribution through the public...
Persistent link: https://www.econbiz.de/10012830996