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Wage setting and unemployment : evidence from online job vacancy data
Faryna, Oleksandr; Pham, Tho; Talavera, Oleksandr; … - 2020
This paper examines the relationship between labour market conditions and wage dynamics by exploiting a unique dataset of 0.8 million online job vacancies. We find a weak trade-off between aggregated national-level wage inflation and unemployment. This link becomes more evident when wage...
Persistent link: https://www.econbiz.de/10012255418
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Wage and employment cyclicalities at the establishment level
Merkl, Christian; Stüber, Heiko - 2023
Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics … relationship between employment cyclicality and wage cyclicality at the establishment level. We use this micro-estimate as a …
Persistent link: https://www.econbiz.de/10014432211
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Firm size and union threat effects across genders : evidence from NLSY79
Wunnava, Phanindra V. - 2017
genders similarly with respect to wages and benefits. …It is evident that both male and female workers in medium/larger establishments receive not only higher wages but also … wages to discourage the entrance of unions (i.e., the 'threat' effect argument). In addition, the union wage premium is …
Persistent link: https://www.econbiz.de/10012111766
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A new claims-based unemployment dataset : application to postwar recoveries across U.S. states
Fieldhouse, Andrew; Howard, Sean; Koch, Christoffer; … - 2022
Using newly digitized unemployment insurance claims data we construct a historical monthly unemployment series for U.S. states going back to January 1947. The constructed series are highly correlated with the Bureau of Labor Statics' state-level unemployment data, which are only available from...
Persistent link: https://www.econbiz.de/10013164115
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Germany's labour market in Coronavirus distress : new challenges to safeguarding employment
Herzog-Stein, Alexander; Nüß, Patrick; Peede, Lennert; … - 2021
We analyse measures of internal flexibility taken to safeguard employment during the Coronavirus Crisis in comparison to the Great Recession. Cyclical working-time reductions are again a major factor in safeguarding employment. Whereas during the Great Recession all working-time instruments...
Persistent link: https://www.econbiz.de/10012512274
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Beyond the added-worker and the discouraged-worker effects : the entitled-worker effect
Martín-Román, Ángel L. - 2020
This paper identifies and analyses a new effect related to the cyclical behavior of labor supply: the Entitled-Worker Effect (EWE). This effect is different from the well-known Added-Worker Effect (AWE) and Discouraged-Worker Effect (DWE). The EWE is a consequence of one of the most important...
Persistent link: https://www.econbiz.de/10012310881
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Long live the vacancy
Häfke, Christian; Reiter, Michael - 2020
vacancy longevity for modeling and calibration, in particular regarding match cyclicality and wages. When calibrated to the …
Persistent link: https://www.econbiz.de/10012269069
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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/10012111816
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A Beveridge curve decomposition for Austria : what drives the unemployment rate?
Christl, Michael - 2019
The Austrian Beveridge curve shifted in 2014, leading to ongoing academic discussions about the reasons behind this shift. While some have argued that the shift was caused by a supply shock due to labour market liberalization, others have stated that matching efficiency decreased. Using a new...
Persistent link: https://www.econbiz.de/10012163054
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Is unemployment on steroids in advanced economies?
Di Bella, Gabriel; Grigoli, Francesco; Ramirez, Francisco - 2018
adjustment of real wages, removing disincentives for firms to hire and for workers to be employed, and improving the matching …
Persistent link: https://www.econbiz.de/10012130633