Bayesian estimation and prediction procedure that allows for the possibility of new breaks over the forecast horizon, taking …

and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …

achieve similar volatility than fully deregulated labor markets. Flexibility at the margin produces a gap in separation costs … de labor market volatility. This increased volatility is partially reverted when limitations in the duration and number … explain the similar volatility observed in many regulated OECD labor markets with flexibility at the margin vis-à-vis the …

patterns across countries and markets: policies that reduce the dispersion and volatility of labor income appear to be more …

An empirical analysis of the impact of labour market structures on the response of inflation to macroeconomic shocks is … presented. Results based on a 20 country panel show that if labour market coordination is high, the effect on inflation of … inflation to its reduced form determinants. These findings are attributed to the behaviour of wages following movements in …

This paper presents a theory and an empirical investigation on cyclical fluctuations in workplace accidents. The theory … fluctuate over the cycle. We conclude that our empirical analysis is in line with our theory: cyclical fluctuations in workplace …