Showing 1 - 10 of 904
We explore the impact of wage adjustment on employment with a focus on the role of downward nominal wage rigidities. We … results point to a negative effect of downward wage rigidities on employment at the firm level. …
Persistent link: https://www.econbiz.de/10011732749
that on average employment shares have increased in occupations more exposed to AI. This is particularly the case for … Technological Change theory. While there exists heterogeneity across countries, only very few countries show a decline in employment … pace of technology diffusion and education, but also to the level of product market regulation (competition) and employment …
Persistent link: https://www.econbiz.de/10014343139
investigate how employment decisions of small- and medium-sized enterprises (SMEs) have been affected by credit constraints in the … banks. Yet, findings also indicate that employment consequences of credit shortages have been essentially detrimental for …
Persistent link: https://www.econbiz.de/10011764401
This paper first provides empirical evidence that labour market outcomes for the less educated, who also tend to be poorer, are substantially more volatile than labour market outcomes for the well-educated, who tend to be richer. We estimate job finding rates and separation rates by educational...
Persistent link: https://www.econbiz.de/10014477695
impact of EU structural funds on employment drawing on a panel dataset of 130 European NUTS regions over the time period 1999 … mainly focused on investigating the Cohesion Policy's growth effects. This ignores the fact that part of the EU expenditures … is directly aimed at reducing disparities in the employment sector. Against this background, the paper analyses the …
Persistent link: https://www.econbiz.de/10009405602
Persistent link: https://www.econbiz.de/10010441318
This paper relates the size of the cyclical inflation differentials, currently observed for euro area countries, to the differences in labor market institutions across the same set of countries. It does that by using a DSGE model for a currency area with sticky prices and labor market frictions....
Persistent link: https://www.econbiz.de/10003320758
This paper reviews recent approaches to modeling the labour market and assesses their implications for in.ation dynamics through both their effect on marginal cost and on price-setting behaviour. In a search and matching environment, we consider the following modeling setups: right-to-manage...
Persistent link: https://www.econbiz.de/10003866010
In this paper, we employ a calibrated two-country version of the New Area-Wide Model (NAWM) currently under development at the European Central Bank to examine the potential benefits and spillovers of reducing labour-market distortions caused by euro area tax structures. Our analysis shows that...
Persistent link: https://www.econbiz.de/10003457015
A small labour market model for the six largest euro area countries (Germany, France, Italy, Spain, the Netherlands, Belgium) is estimated in a state -space framework. The model entails, in the long run, four driving forces: a trend labour force component, a trend labour productivity component,...
Persistent link: https://www.econbiz.de/10008901500