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A test of the "Krugman hypothesis" for the United States, Britain, and Western Germany
Puhani, Patrick A. - 2003
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10011448440
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Youth unemployment in the OECD : the role of institutions
Sachs, Andreas; Smolny, Werner - 2014
This paper analyzes the role of labor market institutions for youth unemployment, as contrasted to total unemployment …. The empirical results are basically consistent with an insider view of labor market institutions. Labor market … institutions tend to protect (older) employees but might harm (young) entrants. Remarkable is especially the significant and very …
Persistent link: https://www.econbiz.de/10010416202
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Flexibilität der qualifikatorischen Lohnstruktur und Lastverteilung der Arbeitslosigkeit : eine ökonometrische Analyse für Westdeutschland
Fitzenberger, Bernd; Franz, Wolfgang - 1997
Dieser Beitrag nimmt aus theoretischer und ökonometrischer Sicht zu der Kontroverse über die Bedeutung der qualifikatorischen Lohnstruktur zur Erklärung der Beschäftigungsstruktur Stellung. Basierend auf einer Einteilung in drei Qualifikationsgruppen zeigt sich empirisch, dass die Entlohnung...
Persistent link: https://www.econbiz.de/10013428116
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A test of the "Krugman hypothesis" for the United States, Britain, and western Germany
Puhani, Patrick A. - 2003
Persistent link: https://www.econbiz.de/10013428556
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Flexibilität der qualifikatorischen Lohnstruktur und Lastverteilung der Arbeitslosigkeit : eine ökonometrische Analyse für Westdeutschland
Fitzenberger, Bernd; Franz, Wolfgang - 1998
Dieser Beitrag nimmt aus theoretischer und ökonometrischer Sicht zu der Kontroverse über die Bedeutung der qualifikatorischen Lohnstruktur zur Erklärung der Beschäftigungsstruktur Stellung. Basierend auf einer Einteilung in drei Qualifikationsgruppen zeigt sich empirisch, dass die Entlohnung...
Persistent link: https://www.econbiz.de/10011440988
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The Nature of Countercyclical Income Risk
Guvenen, Fatih; Song, Jae; Ozkan, Serdar - National Bureau of Economic Research (NBER) - 2012
This paper studies the cyclical nature of individual income risk using a confidential dataset from the U.S. Social Security Administration, which contains (uncapped) earnings histories for millions of individuals. The base sample is a nationally representative panel containing 10 percent of all...
Persistent link: https://www.econbiz.de/10011271386
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Labor Market Slack and Monetary Policy
Levin, Andrew Theo; Blanchflower, David G. - National Bureau of Economic Research (NBER) - 2015
conventional measure of the unemployment rate (that is, the number of individuals who are not working at all and actively searching … working part time who want a full-time job) and the extent of hidden unemployment (that is, people who are not actively ….S. labor market slack and show that underemployment and hidden unemployment currently account for the bulk of the U …
Persistent link: https://www.econbiz.de/10011262922
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How Much Is Employment Increased by Cutting Labor Costs? Estimating the Elasticity of Job Creation
Beaudry, Paul; Green, David A.; Sand, Benjamin M. - National Bureau of Economic Research (NBER) - 2010
In search and bargaining models, the effect of higher wages on employment is determined by the elasticity of the job creation curve. In this paper, we use U.S. data over the 1970-2007 period to explore whether labor market outcomes abide by the restrictions implied by such models and to evaluate...
Persistent link: https://www.econbiz.de/10008625924
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A Formal Test of Assortative Matching in the Labor Market
Abowd, John M.; Kramarz, Francis; Pérez-Duarte, Sébastien - National Bureau of Economic Research (NBER) - 2009
We estimate a structural model of job assignment in the presence of coordination frictions due to Shimer (2005). The coordination friction model places restrictions on the joint distribution of worker and firm effects from a linear decomposition of log labor earnings. These restrictions permit...
Persistent link: https://www.econbiz.de/10008627128
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Search in Macroeconomic Models of the Labor Market
Rogerson, Richard; Shimer, Robert - National Bureau of Economic Research (NBER) - 2010
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10008635906