Similar Search Results

Asymmetric Labor Market Institutions in the Emu and the Volatility of Inflation and Unemployment Differentials

Abbritti, Mirko - 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/10013107467

Two-Tier Labor Markets in the Great Recession : France vs. Spain

Bentolila, Samuel - 2010

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in France, unemployment rate has increased by 2 percentage...

Persistent link: https://www.econbiz.de/10013135650

The Labor Market Consequences of Adverse Financial Shocks

Boeri, Tito - 2012

The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that financial shocks do translate into the labor markets. In this paper we first document that financial recessions amplify labor market volatility and Okun's elasticity over the...

Persistent link: https://www.econbiz.de/10013099747

Wage Flexibility and the Great Recession : The Response of the Irish Labour Market

Doris, Aedin - 2013

There is considerable debate about the role of wage rigidity in explaining unemployment. Despite a large body of empirical work, no consensus has emerged on the extent of wage rigidity. Previous attempts to empirically examine wage rigidity have been hampered by small samples and measurement...

Persistent link: https://www.econbiz.de/10013071751

The German Labor Market During the Great Recession : Shocks and Institutions

Gehrke, Britta - 2018

This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...

Persistent link: https://www.econbiz.de/10012909849

Revisiting the Hypothesis of High Discounts and High Unemployment

Martellini, Paolo - 2019

We revisit the hypothesis that labor market fluctuations are driven by shocks to the discount rate. Using a model in which the UE and the EU rates are endogenous, we show that an increase in the discount rate leads to a decline in both the UE and the EU rates. In the data, though, the UE and EU...

Persistent link: https://www.econbiz.de/10012867149

Impact of the Great Recession on Industry Unemployment : A 1976-2011 Comparison

Takhtamanova, Yelena F. - 2016

This paper studies the mechanisms driving the persistently high unemployment rate during the last recession and mild recovery. Previous studies have examined the demographic aspect of the recession. We focus on specific industries. Consequently, we propose a methodology to decompose changes in...

Persistent link: https://www.econbiz.de/10012979453

Worker Flows and Labour Market Adjustment During the Great Recession : Evidence from a Large Shock

Lehmann, Hartmut - 2016

This paper analyzes how the labor market adjusts to the Great Recession. To this aim, we use the data for Latvia, a country that has experienced one of the most severe recessions in Europe and a subsequent remarkable recovery. Employing longitudinal EU SILC data and a panel data set constructed...

Persistent link: https://www.econbiz.de/10013001888

Changes in Labour Market Transitions in Ireland Over the Great Recession

Bergin, Adele - 2014

This paper assesses the impact that the 2009 Great Recession had on individual's transitions to and from unemployment in Ireland. The rate of transition from unemployment to employment declined between 2006 and 2011, while the rate from employment to unemployment increased. The impact of some of...

Persistent link: https://www.econbiz.de/10013047869

The Hidden Cost of Labor Market Entry During Recession : Unemployment Rate at Entry and Occupational Injury Risk of Young Workers

Leombruni, Roberto - 2015

A unique dataset from Italy is used to study the effect of unfavorable business cycle conditions at entry on future workplace safety of young workers. We find that higher local unemployment rates at entry have a positive effect both on severe injuries and non-severe injuries. While the impact of...

Persistent link: https://www.econbiz.de/10013023789

1
2
3
4
5
6
7
8
9
10
Next
Last