Narrow search
Showing 1 - 10 of 778
Cover Image
Matching frictions, efficiency wages, and unemployment in the USA and the UK
Malcomson, James M.; Mavroeidis, Sophocles - 2007
This paper combines matching frictions with e¢ ciency wages to deter shirking in a model that is estimated for the USA …
Persistent link: https://www.econbiz.de/10010318955
Cover Image
Great Expectations: Past Wages and Unemployment Durations
Böheim, René; Horvath, Gerard Thomas; Winter-Ebmer, Rudolf - 2010
overly long unemployment durations. We examine the infuence of previous wages on unemployment durations for workers after …
Persistent link: https://www.econbiz.de/10010294904
Cover Image
Survey Evidence on Wage Rigidity and Unemployment: Sweden in the 1990s
Agell, Jonas; Lundborg, Per - 1999
severe and prolonged macroeconomic shock affects wage rigidity and unemployment. Our second survey was conducted in 1998 …, when the unemployment rate was much higher, and the inflation rate much lower, than when we conducted the first survey in … 1991. We find no evidence that the increase in unemployment has softened the mechanisms generating wage rigidity. On the …
Persistent link: https://www.econbiz.de/10010321754
Cover Image
Active labor market policy effects for women in Europe: A survey
Bergemann, Annette; van den Berg, Gerard - 2007
We survey the recent literature on the effects of active labor market policies on individual labor market outcomes like employment and income, for adult female individuals without work in European countries. We consider skill-training programs, monitoring and sanctions, job search assistance,...
Persistent link: https://www.econbiz.de/10010317937
Cover Image
Job search methods, intensity and success in Britain in the 1990s
Böheim, René; Taylor, Mark P - 2002
We investigate the use of various job search strategies and their impact on the probability of subsequent employment and the re-employment wage among working age men in Britain. We find that replying to advertisements and using Job Centres are the two most common methods of job search and that...
Persistent link: https://www.econbiz.de/10010294537
Cover Image
Macroeconomic expectations of households amd professional forecasters
Carroll, Christopher D. - 2002
Economists have long emphasized the importance of expectations in determining macroeconomic outcomes Yet there has been almost no recent effort to model actual empirical expectations data; instead macroeconomists usually simply assume expectations are rational This paper shows that while...
Persistent link: https://www.econbiz.de/10010293441
Cover Image
The epidemiology of macroeconomic expectations
Carroll, Christopher D. - 2001
explaining the deviations of household inflation and unemployment expectations from the rational expectations benchmark …
Persistent link: https://www.econbiz.de/10010293481
Cover Image
Labour market dynamics in Australia: What drives unemployment
Karanassou, Marika; Sala, Hector - 2009
causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …
Persistent link: https://www.econbiz.de/10010280778
Cover Image
The shift to remote work lessens wage-growth pressures
Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J.; … - 2022
The recent shift to remote work raised the amenity value of employment. As compensation adjusts to share the amenity-value gains with employers, wage-growth pressures moderate. We find empirical support for this mechanism in the wage-setting behavior of US employers, and we develop novel survey...
Persistent link: https://www.econbiz.de/10014278413
Cover Image
An optimizing model of US wage and price dynamics
Sbordone, Argia M. - 2001
The objective of this paper is to provide an optimizing model of wage and price setting consistent with U.S. data. The paper first investigates the predictions of an optimizing labor supply model for the aggregate nominal wage, taking as given the evolution of prices and quantities. In this part...
Persistent link: https://www.econbiz.de/10010318359