Showing 1 - 10 of 27
income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap. …
Persistent link: https://www.econbiz.de/10014290246
income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap …
Persistent link: https://www.econbiz.de/10014358858
In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important distinction to be made: While the rule-based component...
Persistent link: https://www.econbiz.de/10010333423
employment protection raises the employment threshold in all econometric specifications. A higher wage bargaining coordination …
Persistent link: https://www.econbiz.de/10010264273
wage negotiations decreases unemployment. The strength of the effects differs considerably between countries. …
Persistent link: https://www.econbiz.de/10010277355
We examine the impact of the European Central Bank's monetary policy on the euro area labor markets over the period 2010-2018. Using Jordà's (2005) local projection method, we find that unemployment rates decline in response to expansionary monetary policy surprises that can be related to...
Persistent link: https://www.econbiz.de/10013470349
of biased expectations for wage bargaining, vacancy creation, worker flows and labor market policies. Importantly, we … relationship between workers' job separation expectations and wages. Instead, a wage setting process with less frequent wage … the difference between firms' and workers' biases matters for the bargained wage but not the size of biases. …
Persistent link: https://www.econbiz.de/10014290251
We examine the economic and social determinants of suicide mortality in a panel of 25 OECD countries over the period 1970 - 2011 and explicitly analyze the effects of unemployment and labor market institutions on suicide rates. In line with a large body of literature our results suggest that...
Persistent link: https://www.econbiz.de/10010398514
of biased expectations for wage bargaining, vacancy creation, worker flows and labor market policies. Importantly, we … relationship between workers’ job separation expectations and wages. Instead, a wage setting process with less frequent wage … the difference between firms’ and workers’ biases matters for the bargained wage but not the size of biases …
Persistent link: https://www.econbiz.de/10014358405
We examine the impact of the European Central Bank’s monetary policy on the euro area labor markets over the period 2010-2018. Using Jordà’s (2005) local projection method, we find that unemployment rates decline in response to expansionary monetary policy surprises that can be related to...
Persistent link: https://www.econbiz.de/10014241612