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Exchange rate volatility effects on the German labour market : a survey of recent results and extensions
Buscher, Herbert S.; Mueller, Claudia - 1999
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 autoregressive models, a significant disturbing impact of volatility can be found …
Persistent link: https://www.econbiz.de/10011294706
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Did the Hartz reforms speed-up job creation? : A macro-evaluation using empirical matching functions
Fahr, René (contributor); Sunde, Uwe (contributor) - 2006
Starting in January 2003, Germany implemented the first two so-called Hartz reforms, followed by the third and fourth …
Persistent link: https://www.econbiz.de/10003502681
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Monopsonistic competition, low-wage labour markets, and minimum wages : an empirical analysis
Bachmann, Ronald; Frings, Hanna - 2016
statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a …
Persistent link: https://www.econbiz.de/10011480762
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The effect of the Hartz labor market reforms on post-unemployment wages, sorting, and matching
Woodcock, Simon D. - 2020
We use linked longitudinal data on employers and employees to estimate how the 2003-2005 Hartz reforms affected the wages of displaced German workers after they returned to work. We also present a simple new method to decompose the wage effects into components attributable to selection on...
Persistent link: https://www.econbiz.de/10012228177
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Testing for asymmetry in British, German and US unemployment data
Kohns, Stephan - 2001
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/10011403213
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Exchange rate volatility and employment growth : empirical evidence from the CEE economies
Belke, Ansgar (contributor); Setzer, Ralph (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001937672
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Labour market dynamics in Australia : what drives unemployment?
Karanassou, Marika (contributor); Sala, Hector (contributor) - 2009
The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly sidelined the role of capital stock as a determinant of employment (Webster, 2003). As far back as 1991, Pissarides had argued that the influence of capital stock on the performance of...
Persistent link: https://www.econbiz.de/10003793964
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Worker flows and labour market adjustment during the Great Recession : evidence from a large shock
Lehmann, Hartmut; Razzolini, Tiziano; Zaiceva, Anzelika - 2015
This paper analyzes how the labor market adjusts to the Great Recession. To this aim, we use the data for Latvia, a country that has experienced one of the most severe recessions in Europe and a subsequent remarkable recovery. Employing longitudinal EU SILC data and a panel data set constructed...
Persistent link: https://www.econbiz.de/10011427677
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Revisiting the matching function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2014
This paper shows analytically and numerically that there are two ways of generating an observationally equivalent comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb-Douglas contact function or by combining a degenerate...
Persistent link: https://www.econbiz.de/10010410222
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How immigrants helped EU labor markets to adjust during the Great Recession
Kahanec, Martin; Guzi, Martin - 2016
The economic literature starting with Borjas (2001) suggests that immigrants are more flexible than natives in responding to changing sectoral, occupational, and spatial shortages in the labor market. In this paper, we study the relative responsiveness to labor shortages by immigrants from...
Persistent link: https://www.econbiz.de/10011595845