establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow … cyclicalities of all establishments to the one of the most procyclical establishments, labor market volatilities drop by more than …

reducing unemployment leads to industrialised countries offering financial support to unemployed job seekers when searching for …

standard model is enhanced by real wage rigidities or labor turnover costs, an endogenous short-run inflation-output tradeoff … arises. This paper compares the implications of the two labor market rigidities. It argues that economists and policymakers … alike should pay more attention to labor turnover costs for the following reasons. First, a model with labor turnover costs …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … could account for volatility differences across member states, but labor market characteristics have remained very diverse …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … and inflation volatility ; labor turnover costs ; unemployment benefits ; unemployment ; eurozone …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …

real wage rigidities. -- Monetary policy ; real wage rigidity ; labor turnover costs ; unemployment ; tradeoff … standard model is enhanced by real wage rigidities or labor turnover costs, an endogenous short-run inflation-output tradeoff … arises. This paper compares the implications of the two labor market rigidities. It argues that economists and policymakers …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … could account for volatility differences across member states, but labor market characteristics have remained very diverse …