Showing 1 - 10 of 26
. Labour markets reforms in particular are focussed on in these lines. A macroeconomic evaluation of their impact on employment … and wage developments is done and concludes that structural reforms cannot for themselves create more employment, they …
Persistent link: https://www.econbiz.de/10010460456
. Labour markets reforms in particular are focussed on in these lines. A macroeconomic evaluation of their impact on employment … and wage developments is done and concludes that structural reforms cannot for themselves create more employment, they …
Persistent link: https://www.econbiz.de/10005764573
balance between labor force and employment growth. The paper explicitly models income distribution which is a critical channel … whereby unemployment affects investment and growth. The model generates a growth unemployment rate trade-off. A reduced … propensity to save raises growth but it also raises the unemployment rate because of induced technological progress. This …
Persistent link: https://www.econbiz.de/10010460491
employment are made (at least partially) socially acceptable through the workfare nature of the unemployment benefit system and b …In this paper we investigate the macroeconomic consequences of the introduction of an unemployment benefit system and a … in employment and income distribution (and the related degradation of the workforce skills and family structures they are …
Persistent link: https://www.econbiz.de/10010460489
Great Recession. While GDP dropped by more than five per cent in 2009, employment remained constant and started to increase … productivity and working time cushioned their impact on employment. We find that reductions in hourly productivity played a … Recession, temporary working time reductions were amply used to stabilise employment. Using a time series model, we show that …
Persistent link: https://www.econbiz.de/10010460536
effects, and positive employment effects although not robustly estimated in their magnitude are found. …
Persistent link: https://www.econbiz.de/10012140627
This paper deals with the estimation of employment equations for Germany, which are to be used for forecasting and … studies for West Germany and Germany, respectively. The authors find that the elasticity of employment with respect to output … is robustly estimated and can therefore be restricted to one. The elasticity of employment with respect to the real wage …
Persistent link: https://www.econbiz.de/10010460436
developed countries, focusing on employment, wage rates, and wage dispersions. However, the literature offers ambiguous answers …
Persistent link: https://www.econbiz.de/10010460454
) steady state per capita growth, income distribution and employment rate are endogenous, and depend on the capitalists … employment rate and the labor share; (iv) an increase in workers' bargaining power raises the labor share, while reducing … employment and per-capita growth; (v) a balanced budget increase in the R&D subsidy also fosters per-capita growth, at the …
Persistent link: https://www.econbiz.de/10010460555
with results from the research on the German employment performance in the Great Recession which attributed part of the … employment success to the widespread use of instruments of internal flexibility. Our results confirm that generally, the …
Persistent link: https://www.econbiz.de/10011522243