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Unemployment, growth and fiscal policy : new insights on the hysteresis hypothesis

Raurich-Puigdevall, Xavier (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002035720

Asymmetric labor market institutions in the EMU and the volatility of inflation and unemployment differentials

Abbritti, Mirko; Müller, Andreas - 2012

and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …

Persistent link: https://www.econbiz.de/10009536516

A test of the 'Krugman hypothesis' for the United States, Britain, and Western Germany

Puhani, Patrick A. (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001752061

Wage rigidities in Colombia : measurement, causes, and policy implications

Agudelo, Sonia A.; Sala, Hector - 2017

unemployment was relatively slow with respect to sustained economic growth. Following Holden and Wulfsberg (2009), we compute a …

Persistent link: https://www.econbiz.de/10011636672

Staggered contracts and unemployment during recessions

Adamopoulou, Effrosyni; Díez-Catalán, Luis; … - 2022

This paper studies the impact of downward wage rigidity on wage dynamics and employment flows after the outbreak of major recessions over the last 30 years in Spain. Downward wage rigidity stems from collective agreements, which set province-industry-skill specific minimum wage floors for all...

Persistent link: https://www.econbiz.de/10013471360

Long-term responses to large minimum wage shocks : sub-minimum and super-minimum workers in Slovenia

Laporšek, Suzana; Orazem, Peter F.; Vodopivec, Matija; … - 2019

This study examines long-term effects of a minimum wage increase using an innovative identification strategy based on categorising workers according to their predicted marginal revenue products. It finds that the increase had a large and persistent disemployment effects on low-paid workers and...

Persistent link: https://www.econbiz.de/10011977607

Wage rigidities in Western Germany? : microeconometric evidence from the 1990s

Puhani, Patrick A. - 2001

the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …

Persistent link: https://www.econbiz.de/10011403026

Minimum wages and unemployment during economic shocks

Merfeld, Joshua D.; Sharp, Matthew - 2023

This paper studies whether a minimum wage changes how labour markets respond to economic shocks. Using data from South Africa, we show that an agricultural minimum wage leads to higher mean wages with no significant impacts on mean employment. However, these positive aggregate outcomes hide...

Persistent link: https://www.econbiz.de/10014388446

Scars of recessions in a rigid labor market

Cockx, Bart; Ghirelli, Corinna - 2015

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...

Persistent link: https://www.econbiz.de/10010488823

The rise and fall of Swiss unemployment : relative demand shocks, wage rigidities, and temporary immigrants

Puhani, Patrick A. (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001744019

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