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Labor adjustment and productivity in the OECD

Dossche, Maarten; Gazzani, Andrea; Lewis, Vivien - 2021

Labor productivity is more procyclical in OECD countries with lower employment volatility. To capture this new stylized … our model with variable effort, greater labor market frictions are associated with procyclical labor productivity as well … data. By implication, labor market deregulation has a greater effect on the cyclicality of labor productivity and on the …

Persistent link: https://www.econbiz.de/10012589397

Labor market institutions around the world

Freeman, Richard B. (contributor) - 2008

Persistent link: https://www.econbiz.de/10003630322

Aggregate growth and the efficiency of labour reallocation

Burgess, Simon M. (contributor); Mawson, Dan (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001818649

Optimal unemployment insurance and international risk sharing

Moyen, Stéphane; Stähler, Nikolai; Winkler, Fabian - 2016

We discuss how cross-country unemployment insurance can be used to improve international risk sharing. We use a two-country business cycle model with incomplete financial markets and frictional labor markets where the unemployment insurance scheme operates across both countries. Cross-country...