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The effects of productivity and benefits on unemployment : breaking the link

Brown, Alessio J. G.; Kohlbrecher, Britta; Merkl, Christian - 2017

quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A … effect of benefits on unemployment. Our analysis shows the importance of investigating the effects of policies on the …

Persistent link: https://www.econbiz.de/10011625891

Business cycle asymmetries and the labor market

Kohlbrecher, Britta; Merkl, Christian - 2016 - This Version: February 2016

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

Persistent link: https://www.econbiz.de/10011447126

The German labor market during the Great Recession : shocks and institutions

Gehrke, Britta; Lechthaler, Wolfgang; Merkl, Christian - 2017

This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general … driver for the "German labor market miracle" during the Great Recession. …

Persistent link: https://www.econbiz.de/10011634724

Business cycle asymmetries and the labor market

Kohlbrecher, Britta; Merkl, Christian - 2022

tightness. Our model explains a large fraction of the matching efficiency decline during the Great Recession and generates state …

Persistent link: https://www.econbiz.de/10013185150

Job and worker flows : new stylized facts for Germany

Bachmann, Ruediger; Bayer, Christian; Merkl, Christian; … - 2017

We study the relationship between cyclical job and worker flows at the establishment level using the new German AWFP dataset spanning from 1975–2014. We find that worker turnover moves more procyclical than job turnover. This procyclical worker churn takes place along the entire employment...

Persistent link: https://www.econbiz.de/10011585890

Wage cyclicalities and labor market dynamics at the establishment level : theory and evidence

Merkl, Christian; Stüber, Heiko - 2016

This paper analyzes the effects of different wage cyclicalities on labor market flow dynamics at the establishment level. We derive a model that allows for heterogeneous wage cyclicalities across firms over the business cycle and confront the theoretical results with the new AWFP dataset, which...

Persistent link: https://www.econbiz.de/10011574241

Value added, wages, and labor market flows at the establishment level

Merkl, Christian; Stüber, Heiko - 2017

In this paper, we analyze the connection between value added, wages, and labor market ows at the establishment level. For this purpose, we first develop a simple model to illustrate the expected comovement of these variables. For the empirical analysis, we link the new German Administrative Wage...

Persistent link: https://www.econbiz.de/10011585891

Revisiting the matching function

Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2016

relation between matches on the one hand and unemployment and vacancies on the other hand can be the result of different …

Persistent link: https://www.econbiz.de/10011477306

Labor selection over the business cycle : an empirical assessment

Hochmuth, Brigitte; Gartner, Hermann; Kohlbrecher, Britta; … - 2016

, and national level and show that it is negatively correlated with unemployment. In addition, panel estmations reveal a …

Persistent link: https://www.econbiz.de/10011447110

Wage and employment cyclicalities at the establishment level

Merkl, Christian; Stüber, Heiko - 2021

We document substantial cross-sectional heterogeneity of German establishments' real wage cyclicality over the business cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical wages. We estimate a negative connection between...

Persistent link: https://www.econbiz.de/10012626934