Similar Search Results

Mankart, Jochen; Oikonomou, Rigas - 2016

We document that the added worker effect (AWE) has increased over the last three decades. We develop a search model with two earner households and we illustrate that the increase in the AWE from the 1980s to the 2000s can be explained through i) the narrowing of the gender pay gap, ii) changes...

Persistent link: https://www.econbiz.de/10011456513

Sources of German unemployment : evidence from a structural VAR model

Linzert, Tobias - 2001

This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …

Persistent link: https://www.econbiz.de/10013428423

On household labour supply in sticky-wage HANK models

Gerke, Rafael; Giesen, Sebastian; Lozej, Matija; … - 2024 - November 24, 2023

Heterogeneous-agent New Keynesian models with sticky nominal wages usually assume that wage-setting unions demand the same amount of hours from all households. As a result, unions do not take account of the fact that (i) households are heterogeneous in their willingness to work, and that (ii)...

Persistent link: https://www.econbiz.de/10014467926

German and the rest of euro area fiscal policy during the crisis

Gadatsch, Niklas; Hauzenberger, Klemens; Stähler, Nikolai - 2015

world. Compared to existing models of this type, GEAR incorporates a comprehensive fiscal block, involuntary unemployment …

Persistent link: https://www.econbiz.de/10010516561

Current unemployment variance decomposition and consequences of using proxies

Corseuil, Carlos Henrique; Foguel, Miguel Nathan; … - 2021

We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of …

Persistent link: https://www.econbiz.de/10012624854

A note on capital income taxation with involuntary unemployment

Watanabe, Minoru - 2021

Persistent link: https://www.econbiz.de/10012667887

Work incentives and the cost of redistribution via tax-transfer reforms under constrained labor supply

Fischer, Benjamin; Jessen, Robin; Steiner, Viktor - 2019

Using information on desired and actual hours of work, we formulate a discrete choice model of constrained labor supply. Using the German Socio-Economic Panel and the microsimulation model STSM, we find that hours and participation elasticities are substantially smaller than those in the...

Persistent link: https://www.econbiz.de/10012023402