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Macroeconomic volatilities and the labor market: First results from the euro experiment
Merkl, Christian; Schmitz, Tom - 2010
. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …
Persistent link: https://www.econbiz.de/10010277963
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On the inverse relationship between unemployment and absenteeism: evidence from natural experiments and worker heterogeneity
Fahr, René; Frick, Bernd - 2007
Although an inverse relationship between sickness absence and unemployment has been documented in a number of studies … whether this empirical regularity is due to changes in the individual costs of absence when unemployment increases (incentive … the unemployment benefit entitlement system with monthly absence data for East and West Germany for the years 1991 …
Persistent link: https://www.econbiz.de/10010268138
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On the Inverse Relationship betweenUnemployment and Absenteeism: Evidence fromNatural Experiments and Worker Heterogeneity
Fahr, René; Frick, Bernd - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
Although an inverse relationship between sickness absence and unemployment has beendocumented in a number of studies … whether this empiricalregularity is due to changes in the individual costs of absence when unemployment increases …
Persistent link: https://www.econbiz.de/10005861408
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Strategic Hiring Behavior in Empirical Matching Functions
Fahr, René; Sunde, Uwe - 2001
This paper makes two contributions to the empirical matching literature. First, a recent study by Anderson and Burgess (2000) testing for endogenous competition among job seekers in a matching frame-work, is replicated with a richer and more accurate data set for Germany. Their results are...
Persistent link: https://www.econbiz.de/10010262525
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Disaggregate Matching Functions
Fahr, René; Sunde, Uwe - 2001
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....
Persistent link: https://www.econbiz.de/10010262541
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They are even larger! More (on) puzzling labor market volatilities
Gartner, Hermann; Merkl, Christian; Rothe, Thomas - 2009
This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...
Persistent link: https://www.econbiz.de/10010277960
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Real wage rigidities and the cost of disinflations
Ascari, Guido; Merkl, Christian - 2007
This paper analyzes the cost of disinflations under real wage rigidities in a micro-founded New Keynesian model. The consensus is that real wage rigidities can be a useful mechanism to induce the inflation persistence that is absent in the standard Calvo model. Real wage rigidities thus generate...
Persistent link: https://www.econbiz.de/10010277969
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The caring hand that cripples: The East German labor market after reunification (detailed version)
Snower, Dennis J.; Merkl, Christian - 2006
underutilization, and unemployment arising from the decline of the tradable sector. …
Persistent link: https://www.econbiz.de/10010277974
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Employment Status, Endogenous Regional Mobility, and Spatial Dependencies in Labor Markets
Fahr, René; Sunde, Uwe - 2002
autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … variation in unemployment rates, combined with little inter-regional migration. We find evidence in favor of labor market …
Persistent link: https://www.econbiz.de/10010262709
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Comparing the effectiveness of employment subsidies
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2007
This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures involving targeting workers with low incomes/abilities and targeting the unemployed under the criteria of approximate welfare efficiency (AWE). Thereby we can identify policies...
Persistent link: https://www.econbiz.de/10010277966