Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10013268818
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an asymmetric pattern in the evolution of unemployment,...
Persistent link: https://www.econbiz.de/10001623736
In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different volatility measures and four country groups. In...
Persistent link: https://www.econbiz.de/10001362959
individual-level data for West Germany for the period 1983 to 1994, this paper explores both the demographic heterogeneity of … and re-employment, estimation of a nonlinear regression model reveals additional aspects of cyclical sensitivity. In …
Persistent link: https://www.econbiz.de/10001449808
significant impact on overtime work, while labour market conditions, represented by the unemployment rate, do not. The elasticity … of total working hours with respect to wages is found to be close to zero and with respect to contractual hours close to …
Persistent link: https://www.econbiz.de/10001483272
, we employ frequency domain methods that allow us decompose wages into cyclical components and to assess the relative … contribution of each component. These are discussed in relation to wages alone (the univariate case) and to wages in relation to … of coherency between wage and business cycles is time dependent. We establish that real wages are strongly procyclical …
Persistent link: https://www.econbiz.de/10001610688
This study examines individuals' unemployment experiences from the age of 18 up to the age of 35 using a large panel of administrative records on unemployment related benefit claims of men in the United Kingdom over the past two decades. The main focus is on the extent to which individuals'...
Persistent link: https://www.econbiz.de/10001635460
Using a large panel of administrative records this study confirms the predictions of the ranking model of Blanchard and Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases with economic growth. However, the ranking model of...
Persistent link: https://www.econbiz.de/10001635464
. The distribution of the inflow composition is estimated along with the other parameters. The estimation method deals with …
Persistent link: https://www.econbiz.de/10001460507
costs, through movements from overtime to short-time schedules. Nominal wages dropped relatively modestly while real wages …
Persistent link: https://www.econbiz.de/10001471784