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 …, hours worked and output without reducing employment. In frictional labor markets, however, reallocation takes time whenever …

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 …, hours worked and output without reducing employment. In frictional labor markets, however, reallocation takes time whenever …

preferences for public sector employment and employers. In fixed effects specifications, we demonstrate that feelings of job …

I examine the extent to which public sector outsourcing relates to public employment in OECD countries. I use new panel … expectations, the results do not suggest that public sector outsourcing expenditure was negatively related to public employment in … the full sample. The relation between public sector outsourcing and public employment, however, does vary across countries …

employment gap under stagnation are primarily driven by fluctuations in underemployment instead of structural unemployment. Our … highlights the need for further policy interventions in support of aggregate demand despite a seemingly decent employment record. …