Showing 1 - 10 of 1,147
This paper estimates a stylized search and matching model on data for Australia covering the period 1978-2008. Using …
Persistent link: https://www.econbiz.de/10011259078
This paper investigates the time-varying correlation between the EU12-wide business cycle and the initial EU12 member-countries based on Scalar-BEKK and multivariate Riskmetrics model frameworks for the period 1980-2012. The paper provides evidence that changes in the business cycle...
Persistent link: https://www.econbiz.de/10012910120
This paper examines the effectiveness of active labour market policies (ALMP) in improving labour market outcomes, especially of low-skilled individuals. The empirical analysis consists of an aggregate impact approach based on a pooled cross country and time-series database for 31 advanced...
Persistent link: https://www.econbiz.de/10011110676
benefit payments compared to the wage earned in available jobs - labour supply and matching - a theoretical approach to …
Persistent link: https://www.econbiz.de/10008622251
, namely a lower efficiency in matching unemployed workers to open positions in Germany. Alternative explanations like …-country difference. The lower matching efficiency leads to a substantial propagation of shocks. After an adverse shock peak unemployment …
Persistent link: https://www.econbiz.de/10011259260
There is no such thing as a real economy. The task, therefore, is to consistently reconstruct the fluctuations of employment and output from the interactions of real and nominal variables. The present paper does exactly this. No nonempirical concepts like utility, equilibrium, rationality,...
Persistent link: https://www.econbiz.de/10011259544
The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...
Persistent link: https://www.econbiz.de/10011259562
The real financial crisis in the U.S. and in other countries did not take place in the banking or the wider financial sector -yes banks and others financial institutions were affected by their own induced excessive lending schemes- but no, it seriously affected the individual households. More...
Persistent link: https://www.econbiz.de/10011260805
The aim of the paper is to unbundle the main economic variables involved in the European Crisis and clarify their reciprocal relationship. The variable considered are: unemployment, inflation, consumptions, investments and current accounts. We use annual, quarterly and monthly data, until 2012,...
Persistent link: https://www.econbiz.de/10011261122
contributed 60−70% to unemployment volatility, whereas in the U.S. they contributed only 30−40%. Using a search and matching model … the underlying causes for these differences. We find that a lower efficiency in the matching process can consistently … earnings can not. We document that a lower matching efficiency due to lower occupational and regional mobility in Germany finds …
Persistent link: https://www.econbiz.de/10009223332