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The minimum wage from a two-sided perspective

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...

Persistent link: https://www.econbiz.de/10010371904

Business cycle asymmetries and the labor market

Kohlbrecher, Britta; Merkl, Christian - 2016 - First version: April 2015. This version: February 2016

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

Persistent link: https://www.econbiz.de/10011444082

Unemployment in Germany : reasons and remedies

Berthold, Norbert; Fehn, Rainer - 2003

play an important role in explaining the lackluster German economic performance of which rising unemployment is only one …

Persistent link: https://www.econbiz.de/10011506205

Hartz IV and the decline of German unemployment : a macroeconomic evaluation

Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2021

generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …

Persistent link: https://www.econbiz.de/10012485370

Public employment agency reform, matching efficiency, and German unemployment

Merkl, Christian; Sauerbier, Timo - 2023

restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … Employment Agency did not contribute to the decline in unemployment in Germany. By contrast, improved activation of unemployed …

Persistent link: https://www.econbiz.de/10014247120