Narrow search
Showing 1 - 10 of 77
Cover Image
The effect of shocks to labour market flows on unemployment and participation rates
Dixon, Robert J.; Lim, Guay C.; Ours, Jan C. van - 2014
This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...
Persistent link: https://www.econbiz.de/10010361496
Cover Image
Inequality in the impact of the Coronavirus shock : evidence from real time surveys
Adams, Abi; Boneva, Teodora; Golin, Marta; Rauh, Christopher - 2020
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012211549
Cover Image
Macroeconomic shocks and racial labour market differences in the U.S.
De, Kuhelika; Compton, Ryan A.; Giedeman, Daniel C.; … - 2019
in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …
Persistent link: https://www.econbiz.de/10012157899
Cover Image
Bonus Question : Does Flexible Incentive Pay Dampen Unemployment Dynamics?
Gaur, Meghana; Grigsby, John R.; Hazell, Jonathon; … - National Bureau of Economic Research - 2023
We introduce dynamic incentive contracts into a model of unemployment dynamics and present three results. First, wage … cyclicality from incentives does not dampen unemployment dynamics: the response of unemployment to shocks is first … cyclicality from bargaining dampens unemployment dynamics through the standard mechanism. Third, our calibrated model suggests 46 …
Persistent link: https://www.econbiz.de/10014372479
Cover Image
Land collateral and labor market dynamics in France
Kaas, Leo; Pintus, Patrick A.; Ray, Simon - 2014
unemployment that are in line with the data. …
Persistent link: https://www.econbiz.de/10010412305
Cover Image
European unemployment revisited : shocks, institutions, integration
Bertola, Giuseppe - 2016
This paper painstakingly restores a vintage empirical model of unemployment determination by interacting shocks and … institutions, and runs it on recent data featuring dramatic shocks and controversial institutional change. Theoretical insights and … and turns of unemployment rates in Europe and elsewhere. …
Persistent link: https://www.econbiz.de/10011557882
Cover Image
The impact of immigration on wage dynamics : evidence from the Algerian independence war
Edo, Anthony - 2017
This paper investigates the dynamics of wage adjustment to an exogenous increase in labor supply by exploiting the sudden and unexpected inflow of repatriates to France created by the independence of Algeria in 1962. I track the impact of this particular supply shift on the average wage of...
Persistent link: https://www.econbiz.de/10011701511
Cover Image
Local Shocks and Internal Migration : The Disparate Effects of Robots and Chinese Imports in the US
Faber, Marius; Sarto, Andrés P.; Tabellini, Marco - National Bureau of Economic Research - 2022
Migration is a key mechanism through which local labor markets adjust to economic shocks. In this paper, we analyze the migration response of American workers to two of the most important shocks that hit US manufacturing since the 1990s: Chinese import competition and the introduction of...
Persistent link: https://www.econbiz.de/10013210076
Cover Image
Monetary persistence and the labor market : a new perspective
Lechthaler, Wolfgang; Merkl, Christian; Snower, Dennis J. - 2010
sluggish. Job creation and job destruction are negatively correlated. And the volatility of unemployment is much larger than in …
Persistent link: https://www.econbiz.de/10003937114
Cover Image
Endogenous wage indexation and aggregate shocks
Carrillo, Julio A.; Peersman, Gert; Wauters, Joris - 2014
Empirical and institutional evidence finds considerable time variation in the degree of wage indexation to past inflation, a finding that is at odds with the assumption of constant indexation parameters in most New-Keynesian DSGE models. We build a DSGE model with endogenous wage indexation in...
Persistent link: https://www.econbiz.de/10010358269