Showing 1 - 10 of 624
To assess the employment effects of labor costs it is crucial to have reliable estimates of thelabor cost elasticity of … labor demand. Using a matched firm-worker dataset, we estimate along run unconditional labor demand function, exploiting …
Persistent link: https://www.econbiz.de/10005862716
unemployment in five former communist economies and inthe western part of Germany (a benchmark western economy) to examine the … evolution ofunemployment together with that of inflows into unemployment and vacancies...<br< …
Persistent link: https://www.econbiz.de/10005863008
inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … 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
money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal …In this paper, I introduce money in the standard labor-matching model (Mortensen and Pissarides 1999, Pissarides 2000 … monetary growth rate decreases with the workers' bargaining power, the level of unemployment benefits and the payroll tax rate …
Persistent link: https://www.econbiz.de/10012779730
inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro …. We find that total connectedness is larger for prices (58.28%) than for unemployment (41.81%). We also identify …
Persistent link: https://www.econbiz.de/10013236402
, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate …We analyze lifetime earnings histories of white males during 1960-2010 and categorize the labor force status of every … retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …
Persistent link: https://www.econbiz.de/10013061926
peak at 12 months. 5) The probability of a wage change is positively correlated with the unemployment rate and with the … consumer price inflation rate …
Persistent link: https://www.econbiz.de/10013141226
This paper analyses the impact of government grants on labour demand using plant leveldata for manufacturing industry in Ireland. Our data consists of a large sample of plants andtheir complete grant history...
Persistent link: https://www.econbiz.de/10005861409
governments have so far taken concerning the systemof support for low-income families still implies very different poverty …
Persistent link: https://www.econbiz.de/10005861416
We estimate the wage penalty associated with working in the South African informal sector.To this end we use a rich data set on non-self employed males that allows one to accuratelydistinguish workers employed in the informal sector from those employed in the formal sectorand link individuals...
Persistent link: https://www.econbiz.de/10005861425