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The Effect of Macroeconomic Uncertainty on Household Spending

Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - 2021

Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived by households affects their spending decisions. We use randomized information treatments that provide different types of information about the first and/or second moments of...

Persistent link: https://www.econbiz.de/10013236401

Unemployment Accounts and Employment Incentives

Brown, Alessio J.G; Orszag, J. Michael; Snower, Dennis J. - 2008

We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...

Persistent link: https://www.econbiz.de/10014058461

Sequential Bargaining in a New-Keynesian Model with Frictional Unemployment and Staggered Wage Negotiation

de Walque, Gregory - 2009

We consider a model with frictional unemployment and staggered wage bargaining where hours worked are negotiated every period. The workers' bargaining power in the hours negotiation affects both unemployment volatility and inflation persistence. The closer to zero this parameter, (i) the more...

Persistent link: https://www.econbiz.de/10012764242

Nominal Wage Rigidities in a New Keynesian Model with Frictional Unemployment

Bodart, Vincent; de Walque, Gregory; Pierrard, Olivier; … - 2021

In this paper, we propose a search and matching model with nominal stickiness à la Calvo in the wage bargaining. We analyze the properties of the model, first, in the context of a typical real business cycle model driven by stochastic productivity shocks and second, in a fully specified...

Persistent link: https://www.econbiz.de/10013317263

Macroeconomic Volatilities and the Labor Market : First Results from the Euro Experiment

Merkl, Christian - 2010

This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …

Persistent link: https://www.econbiz.de/10013143682

Peer Effects in European Primary Schools : Evidence from Pirls

Pischke, Jörn-Steffen - 2006

We estimate peer effects for fourth graders in six European countries. The identification relies on variation across classes within schools. We argue that classes within primary schools are formed roughly randomly with respect to family background. Similar to previous studies, we find sizeable...

Persistent link: https://www.econbiz.de/10012780276

Does Segregation Reduce Socio-Spatial Mobility? Evidence from Four European Countries with Different Inequality and Segregation Contexts

Nieuwenhuis, Jaap - 2017

The neighbourhoods in which people live reflects their social class and preferences, so studying socio-spatial mobility between neighbourhoods gives insight in the openness of spatial class structures of societies and in the ability of people to leave disadvantaged neighbourhoods. We study the...

Persistent link: https://www.econbiz.de/10012943695

Entrepreneurship, Wealth, Liquidity Constraints and Start-Up Costs

Fonseca, Raquel; Michaud, Pierre-Carl; Sopraseuth, Thepthida - 2021

marginal value of being an entrepreneur as a function of wealth. Countries with high start-up costs such as Italy, Spain and … France have flatter wealth gradients …

Persistent link: https://www.econbiz.de/10013316960

Does Education Reduce Wage Inequality? Quantile Regressions Evidence from Fifteen European Countries

Pereira, Pedro Telhado; Martins, Pedro S. - 2021

- the case of Portugal; 2) a positive but stable role of education in terms of inequality - Austria, Finland, France …, Ireland, Netherlands, Norway, Spain, Sweden, Switzerland, UK; 3) a neutral role - Denmark and Italy; and 4) a negative impact … - Germany and Greece. We thus find that in most countries dispersion in earnings increases with educational levels and that …

Persistent link: https://www.econbiz.de/10013321313

Old‐Age Employment and Hours of Work Trends : Empirical Analysis for Four European Countries

Aliaj, Arjeta - 2016

countries Germany, France and the Netherlands using the EU Labour Force Survey. Second, we characterize the different employment …

Persistent link: https://www.econbiz.de/10012996523

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