Showing 1 - 10 of 173
Persistent link: https://www.econbiz.de/10003364498
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic productivity shocks for new contacts. Large negative...
Persistent link: https://www.econbiz.de/10011444082
The view that high unemployment in West Germany and other European countries is caused by a path dependence effect - or … the explanatory variables. Building on a cointeg ration model of the employment rate in West Germany, I find only weak …
Persistent link: https://www.econbiz.de/10009781510
underestimate wages elsewhere. We document this anchoring bias by eliciting workers’ beliefs in a representative survey in Germany …
Persistent link: https://www.econbiz.de/10012798121
survey data that cover the last decades we find significant positive correlations. Using instrumental variables estimation …
Persistent link: https://www.econbiz.de/10010417486
Persistent link: https://www.econbiz.de/10003498737
For representative German panel data, we show that voluntary job switching leads to relatively high levels of life satisfaction, though only for some time, whereas the impact of exogenously triggered job changes is ambiguous. Risk aversion interacts negatively with this effect in life...
Persistent link: https://www.econbiz.de/10011482693
We structurally estimate an equilibrium search model using German administrative data and use this for counterfactual analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment effects a priori and allows for different job offer...
Persistent link: https://www.econbiz.de/10011879040
study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and … exploit a reform of naturalization rules in an instrumental variable estimation. In our sample of recent immigrants, linear …
Persistent link: https://www.econbiz.de/10011898989
The concept of the employment threshold plays an important role in the public discussion of unemployment. The employment threshol d is defined as that growth rate of output which is necessary to keep employment constant despite the continuous rise in labour productivity. It is related to the...
Persistent link: https://www.econbiz.de/10009781535