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Varför har arbetstagar- och arbetsgivarorganisationer olika förväntningar om lönetillväxt?
Kiss, Tamás; Kladivko, Kamil; Lunander, Anders; … - 2022
Arbetstagarorganisationernas förväntningar på lönetillväxten ligger systematiskt högre än arbetsgivarorganisationernas i den så kallade Prospera-enkäten. I denna artikel analyseras dessa skillnader ekonometriskt. Genom att beakta respondenternas förväntningar rörande inflation och...
Persistent link: https://www.econbiz.de/10013331914
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Nonlinear unemployment effects of the inflation tax
Lahcen, Mohammed Ait; Baughman, Garth; Rabinovich, Stanislav - 2021
We argue that long-run inflation has nonlinear and state-dependent effects on unemployment, output, and welfare. Using panel data from the OECD, we document three correlations. First, there is a positive long-run relationship between anticipated inflation and unemployment. Second, there is also...
Persistent link: https://www.econbiz.de/10012631633
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Unemployment, negative equity, and strategic default
Gerardi, Kristopher; Herkenhoff, Kyle F.; Ohanian, Lee E.; … - 2013
Using new household-level data, we quantitatively assess the roles that job loss, negative equity, and wealth (including unsecured debt, liquid assets, and illiquid assets) play in default decisions. In sharp contrast to prior studies that proxy for individual unemployment status using regional...
Persistent link: https://www.econbiz.de/10010397688
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Wage and Price Setting in Macedonia: Evidence from Survey Data
Ramadani, Gani; Naumovski, Nikola - 2015
This paper presents the main findings of a survey on wage and price formation of firms in Macedonia conducted in the first half of 2014. The main objective was to identify some relevant characteristics about the dynamics of wages and prices in Macedonia, clarifying the relationship between them,...
Persistent link: https://www.econbiz.de/10011785357
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The euro and its guardian of stability: The fiction and reality of the 10th anniversary blast
Bibow, Jörg - 2009
inherited from Germany's mercantilist past and Bundesbank mythology. Steps toward a fiscal union to back the euro are also …
Persistent link: https://www.econbiz.de/10010281711
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Twenty years of the German euro are more than enough
Bibow, Jörg - 2018
This paper reviews the performance of the euro area since the euro's launch 20 years ago. It argues that the euro … crisis has exposed existential flaws in the euro regime. Intra-area divergences and the corresponding buildup of imbalances … unemployment continue to plague euro crisis countries. Its huge current account surplus highlights that the euro currency union …
Persistent link: https://www.econbiz.de/10012142958
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Comparative advantage and risk premia in labor markets
Cubas, German; Silos, Pedro - 2012
Using the Survey of Income and Program Participation (SIPP), we document a significant and positive association between earnings risk (both permanent and transitory) and the level of earnings across 21 industries. We propose an equilibrium framework to analyze the interplay between earnings...
Persistent link: https://www.econbiz.de/10010292276
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Wages and unemployment across business cycles: A high-frequency investigation
Fang, Lei; Silos, Pedro - 2012
This paper investigates the change in wages associated with a spell of unemployment. The novelty lies in using monthly data from the Survey of Income and Program Participation (SIPP) to analyze the dynamics of those wage changes across different business cycles. The level of education or the...
Persistent link: https://www.econbiz.de/10010292326
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Gender gaps across countries and skills: Demand, supply and the industry structure
Olivetti, Claudia; Petrongolo, Barbara - 2014
The comovement between gender gaps in hours and wages across countries and skills reveals the presence of net demand forces shaping gender differences in labor market outcomes. This paper links the rich pattern of variation in gender gaps to the process of structural transformation. Based on a...
Persistent link: https://www.econbiz.de/10011381001
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The Swedish Youth Labor Market in Boom and Depression
Edin, Per-Anders; Forslund, Anders; Holmlund, Bertil - 1998
This paper is concerned with the labor market experience of Swedish youths during the 1980s and the 1990s. The first objective is to portray early economic attainment among young Swedes. The second objective of the paper is to examine the impact of labor market programs on youth employment. We...
Persistent link: https://www.econbiz.de/10010321785