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They are even larger! : More (on) puzzling labor market volatilities
Gartner, Hermann; Merkl, Christian; Rothe, Thomas - 2009
This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...
Persistent link: https://www.econbiz.de/10003825019
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The minimum wage from a two-sided perspective
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010238837
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Does migration raise agricultural investment? : an empirical analysis for rural Mexico
Böhme, Marcus - 2013
The effect of remittances on capital accumulation remains a contested topic. This paper uses a panel data set from rural Mexico to investigate the impact of remittances on agriculture and livestock investments. After controlling for the endogeneity of migration through an instrumental variable...
Persistent link: https://www.econbiz.de/10009738816
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The aggregate effects of long run sectoral reallocation
Boeing-Reicher, Claire - 2014
The construction bust which accompanied the Great Recession, and the accompanying need to shift workers across sectors, have provoked a discussion about mismatch and the Beveridge Curve, alongside a discussion about firm-level dispersion. These discussions echo an ongoing discussion about the...
Persistent link: https://www.econbiz.de/10010360956
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Layoff taxes, unemployment insurance, and business cycle fluctuations
Ahrens, Steffen; Nejati, Nooshin; Pfeiffer, Philipp L. - 2015
search and matching frictions and incorporate a US unemployment insurance experience rating system. Layoff taxes based on … helps realign the search and matching model with the empirical properties of its most salient variables. The model …
Persistent link: https://www.econbiz.de/10010472501
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Reservation wages, offered wages, and unemployment duration : new empirical evidence
Christensen, Björn - 2002
This paper studies the reservation wages of unemployed persons and the wages offered them in Germany from 1987 to 1998, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation wages, offered wages decline considerably with...
Persistent link: https://www.econbiz.de/10011474648
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What can a New Keynesian labor matching model match?
Reicher, Christopher Phillip - 2009
A labor matching model with nominal rigidities can match short-run movements in labor's share with some success …
Persistent link: https://www.econbiz.de/10003826579
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Revisiting the matching function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2014
model match formation. We use German administrative labor market data to show that the matching function correlation solely … based on idiosyncratic productivity and free entry is very close to the empirical matching function. Consequently, we argue … that standard matching function estimations are seriously biased if idiosyncratic productivity plays a role for match …
Persistent link: https://www.econbiz.de/10010248216
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Sticky wages in search and matching models in the short and long run
Reicher, Christopher Phillip - 2011
This paper documents the short run and long run behavior of the search and matching model with staggered Nash wage …. -- Sticky wages ; staggered Nash bargaining ; trend inflation ; unemployment ; search and matching …
Persistent link: https://www.econbiz.de/10009232255
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Beschäftigungskonten für Deutschland
Boss, Alfred; Brown, Alessio J. G.; Snower, Dennis J. - 2007 - December 2007 (this revised version)
Wir präsentieren einen Vorschlag für die Neuausrichtung der Arbeitslosenunterstützung in Deutschland: die Einführung von Beschäftigungskonten. Anstatt Steuern/Beiträge zu zahlen, die die Arbeitslosenunterstützung finanzieren, zahlen Beschäftigte laufend auf Ihre Beschäftigungskonten...
Persistent link: https://www.econbiz.de/10011451872