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Labour market institutions and unemployment: An international comparison

Flaig, Gebhard; Rottmann, Horst - 2011

This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the … effects of institutions on unemployment. Our main results are that on the average a tighter employment protection, a higher … of the unemployment rate. Our novel contribution is the estimation of panel models where we allow for heterogeneous …

Persistent link: https://www.econbiz.de/10010277355

Do undergraduate majors or Ph.D. students affect faculty size?

Becker, William E.; Greene, William H.; Siegfried, John J. - 2010

economics degrees awarded at those institutions. Similarly, faculty size at colleges where a bachelor's is the highest degree …

Persistent link: https://www.econbiz.de/10010270507

Early retirement : free choice or forced decision

Dorn, David; Sousa-Poza, Alfonso - 2005

Early retirement is usually explained as a supply-side phenomenon. However, early retirement can also be a demand-side phenomenon arising from a firm's profit maximization behavior. This paper analyzes voluntary and involuntary early retirement based on international microdata covering 19...

Persistent link: https://www.econbiz.de/10010261333

Aggregate wage flexibility in selected new EU member states

Babetskii, Ian - 2007

A fixed exchange rate regime eliminates one degree of freedom in absorbing macroeconomic shocks. Therefore, there is a call for higher labor market flexibility in countries which are members of the monetary union or those which intend to join the monetary union. Focusing on the cross-country...

Persistent link: https://www.econbiz.de/10010264068

Monetary policy and Swedish unemployment fluctuations

Alexius, Annika; Holmlund, Bertil - 2007

such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …

Persistent link: https://www.econbiz.de/10010264166

Labour market institutions and the employment intensity of output growth: an international comparison

Flaig, Gebhard; Rottmann, Horst - 2007

This paper deals with the effects of labour market institutions on labour market performance. We analyse as an …

Persistent link: https://www.econbiz.de/10010264273

Unwarranted wage changes and the return on capital

Katsimi, Margarita; Kalyvitis, Sarantis; Moutos, Thomas - 2009

Casual empiricism suggests that unwarranted" wage changes, defined as the part of wage growth that is not explained by changes in labour productivity, are negatively associated with the return on capital. The main point of this paper is to show that unwarranted" wage changes have no causal...

Persistent link: https://www.econbiz.de/10010265965

Real convergence, capital flows, and competitiveness in Central and Eastern Europe

Belke, Ansgar; Schnabl, Gunther; Zemanek, Holger - 2009

The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...

Persistent link: https://www.econbiz.de/10010265991

Current account imbalances and structural adjustment in the Euro area : how to rebalance competitiveness

Zemanek, Holger; Belke, Ansgar; Schnabl, Gunther - 2009

Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...

Persistent link: https://www.econbiz.de/10010271783

Foreign takeovers and wage dispersion in Hungary

Csengődi, Sándor; Urban, Dieter M. - 2008

This study tests FDI technology spillover models with the assumption that learning takes time against wage bargaining models by estimating the wage-premium of a foreign takeover. The technology spillover theory predicts a larger wage growth in firms taken over by foreign investors than in local...

Persistent link: https://www.econbiz.de/10010272307