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Globalisation and the decoupling of inflation from domestic labour costs
Kohlscheen, Emanuel; Moessner, Richhild - 2021
We provide novel systematic cross-country evidence that the link between domestic labour markets and CPI inflation has weakened considerably in advanced economies during recent decades. The central estimate is that the short-run pass-through from domestic labour cost changes to core CPI...
Persistent link: https://www.econbiz.de/10012612957
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Low skill but high volatility?
Buch, Claudia M.; Pierdzioch, Christian - 2009
Globalization may impose a double-burden on low-skilled workers. On the one hand, the relative supply of low … test the predictions of the model. Our results show that greater financial globalization and development increases the … dampening impact. -- labor-market volatility ; skill levels ; financial globalization …
Persistent link: https://www.econbiz.de/10003850520
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Exports, unemployment and the welfare state
Janeba, Eckhard (contributor) - 2007
Persistent link: https://www.econbiz.de/10003497526
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Capacity constraining labor market frictions in a global economy
Holzner, Christian; Larch, Mario - 2011
Convex vacancy creation costs shape firms' responses to trade liberalization. They induce capacity constraints by increasing firms' cost of production, leading a profit maximizing firm not to fully meet the increased foreign demand. Hence, firms will only serve a few export markets. More...
Persistent link: https://www.econbiz.de/10009307959
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International fragmentation : boon or bane for domestic employment?
Egger, Hartmut (contributor); Kreickemeier, Udo (contributor) - 2005
In this paper, we introduce the fairness approach to efficiency wages into a standard model of international fragmentation. This gives us a theoretical framework in which wage inequality and unemployment rates are co-determined and therefore the public concern can be addressed that international...
Persistent link: https://www.econbiz.de/10003204008
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Globalization, fertility and marital behavior in a lowest-low fertility setting
Giuntella, Osea; Rotunno, Lorenzo; Stella, Luca - 2022
Using longitudinal data from the German Socio-Economic Panel, we analyze the effects of exposure to globalization on … the fertility and marital behavior in Germany, until recently a lowest-low fertility setting. We find that exposure to …
Persistent link: https://www.econbiz.de/10013202383
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Regional origins of employment volatility : evidence from German states
Buch, Claudia M. (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003711846
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016 - First version: April 2015. This version: February 2016
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
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Labor market sorting in Germany : presented at CESifo Area Conference on Employment and Social Protection, April 2016
Lochner, Benjamin; Schulz, Bastian - 2016
This paper analyzes the allocation of workers to jobs and the wage distribution in Germany. Our main contribution is to …
Persistent link: https://www.econbiz.de/10011524613
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Labor courts, nomination bias, and unemployment in Germany
Berger, Helge (contributor); Neugart, Michael (contributor) - 2006
Persistent link: https://www.econbiz.de/10003364498