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Examining the Impact of Macro-Economic Conditions on Income Inequality
Jäntti, Markus; Jenkins, Stephen P. - 2001
and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …
Persistent link: https://www.econbiz.de/10010262571
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Macroeconomic Determinants of Retirement Timing
Gorodnichenko, Yuriy; Song, Jae; Stolyarov, Dmitriy - 2013
, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … spell, while older workers accelerate their transition to full retirement. We also find that high inflation discourages full …
Persistent link: https://www.econbiz.de/10010329012
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How Rigid are Nominal Wages? Evidence and Implications for Germany
Knoppik, Christoph; Beissinger, Thomas - 2001
find a high degree of downward nominal wage rigidity, which for rates of inflation lower than three percent is shown to …
Persistent link: https://www.econbiz.de/10010262566
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Some evidence on the importance of sticky wages
Barattieri, Alessandro; Basu, Susanto; Gottschalk, Peter - 2010
consumer price inflation rate. …
Persistent link: https://www.econbiz.de/10010269928
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Search frictions on product and labor markets: money in the matching function
Lehmann, Etienne; van der Linden, Bruno - 2007
not efficient. Inflation is detrimental to unemployment. …
Persistent link: https://www.econbiz.de/10010277003
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Asymmetric labor market institutions in the EMU and the volatility of inflation and unemployment differentials
Abbritti, Mirko; Mueller, Andreas I. - 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/10010282566
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The Economics of Employment Protection
Addison, John T.; Teixeira, Paulino - 2001
Empirical investigation of the labor market consequences of employment protection has mushroomed since Lazear's (1990) pioneering study. Having sketched the theoretical background, we chart the course of the modern empirical literature. We focus mainly on dismissals protection, distinguishing...
Persistent link: https://www.econbiz.de/10010262586
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A theory of efficiency wage with multiple unemployment equilibria: how a higher minimum wage law can curb unemployment
Basu, Kaushik; Felkey, Amanda J. - 2008
This paper uses efficiency wage theory and the existence of community-based sharing to hypothesize that labor markets in developing countries have multiple equilibria - the same economy can be stuck at different levels of unemployment with different levels of wages. The model is meant for...
Persistent link: https://www.econbiz.de/10010268768
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Savings for unemployment in good or bad times: options for developing countries
Robalino, David A.; Vodopivec, Milan; Bodor, András - 2009
The paper describes and evaluates unemployment insurance savings accounts (UISAs) - a relatively new and not well-known way of providing unemployment benefits. The UISAs reduce work disincentives by allowing recipients to keep their own unused unemployment contributions, and offer the...
Persistent link: https://www.econbiz.de/10010276404
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Product market regulation, firm size, unemployment and informality in developing economies
Charlot, Olivier; Malherbet, Franck; Terra, Cristina - 2011
This paper studies the impact of product and labor market regulations on informality and unemployment in a general framework where formal and informal firms are subject to the same externalities, differing only with respect to some parameter values. Both formal and informal firms have monopoly...
Persistent link: https://www.econbiz.de/10010278505