The distribution of total work in the EU and USA / Michael C. Burda, Daniel S. Hamermesh, and Philippe Weil -- Comments / Alberto Alesina, Christopher Pissarides -- Labor market effects of work-sharing arrangements in Europe / Francis Kramarz, Pierre Cahuc, Bruno Crépon, Oskar Nordström Skans,...

Using an administrative data set containing daily information on individual workers' employment histories, we investigate how workers' labour market transitions are affected by international outsourcing. In order to do so, we estimate hazard rate models for match separations, as well as for...

We build quadratic labor adjustment costs into an otherwise standard New-Keynesian model of the business cycle and show that this is sufficient to increase both, output and inflation persistence. -- Monetary persistence ; labor adjustment costs