worker and firm heterogeneity. I find that minimum wages up to 70% of the median wage significantly increase productivity …This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model … with endogenous job search effort and vacancy posting, multiple employment levels, a progressive tax-transfer system, and …

market outcomes do not benefit significantly from naturalization. Naturalization reduces the risks of unemployment and …

Nonemployment is often posited as a worker’s outside option in wage setting models such as bargaining and wage posting … document that wages are insensitive to UI benefit levels: point estimates imply a wage response of less than $0.01 per $1.00 UI … unemployed workers, in areas of high unemployment, in firms with flexible pay policies, and when considering firm …

This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …

This paper estimates the effect of payroll tax cuts on firm-level employment and balance-sheet outcomes during economic … Great Recession, we estimate that the payroll tax cuts had limited effects on employment and balance-sheet outcomes of firms … by the previously enacted payroll tax cuts in treated firms. These employment effects are exacerbated for men and low …

differently in a host country's labor market, we examine employment and wages for these groups over time after arrival. There is … in employment rates than it is in wages. We also discuss how refugees are distinct in terms of other factors affecting …

wages. We estimate a negative connection between establishments’ wage cyclicality and their employment cyclicality, thereby …We document substantial cross-sectional heterogeneity of German establishments’ real wage cyclicality over the business … cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical …

poor re-employment outcomes …

The vast literature on the effects of immigration on wages and employment is plagued by likely endogeneity and … unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …

equilibrium with a sustantial protection of insiders on both markets. The more important money is in political decision … politicoeconomic equilibrium with little employment and substantial investor protection. Our prediction of a negative cross …