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Regional economy and manufacturing update

Dudley, William - Federal Reserve Bank of New York - 2010

Remarks at the Quarterly Regional Economic Press Briefing, New York City.

Persistent link: https://www.econbiz.de/10010724980

Regional economy and manufacturing update

Dudley, William - In: Speech (2010) Jul 22

Remarks at the Quarterly Regional Economic Press Briefing, New York City.

Persistent link: https://www.econbiz.de/10008461939

Aggregate and Idiosyncratic Risk in a Frictional Labor Market

Rudanko, Leena - Department of Economics, Boston University - 2008

of job search with aggregate productivity shocks, where i) workers face incomplete markets, and ii) wages are determined …

Persistent link: https://www.econbiz.de/10004991578

The cyclical price of labor when wages are smoothed

Kudlyak, Marianna - Federal Reserve Bank of Richmond - 2010

the time of hiring and the impact of labor market conditions at the time of hiring on future wages. The price of labor and … based on the behavior of individual wages and turnover. I find that a one percentage point increase in unemployment … individual wages and also noticeably higher than the cyclicality of the wages of newly hired workers. I conclude that the price …

Persistent link: https://www.econbiz.de/10008764357

The cyclical behavior of equilibrium unemployment and vacancies across OECD countries

Amaral, Pedro S.; Tasci, Murat - Federal Reserve Bank of Cleveland - 2012

We show that the inability of a standardly-calibrated stochastic labor search-and-matching model to account for the observed volatility of unemployment and vacancies extends beyond U.S. data to a set of OECD countries. We also argue that using cross-country data is helpful in evaluating the...

Persistent link: https://www.econbiz.de/10011133746

Aggregate Stability and Balanced-Budget Rules

Ghilardi, Matteo; Rossi, Raffaele - International Monetary Fund (IMF) - 2014

It has been shown that under perfect competition and a Cobb-Douglas production function, a basic real business cycle model may exhibit indeterminacy and sunspot fluctuations when income tax rates are determined by a balanced-budget rule. This paper introduces in an otherwise standard real...

Persistent link: https://www.econbiz.de/10010790380

Hysteresis in Unemployment and Jobless Recoveries

Plotnikov, Dmitry - International Monetary Fund (IMF) - 2014

This paper develops and estimates a general equilibrium rational expectations model with search and multiple equilibria where aggregate shocks have a permanent effect on the unemployment rate. If agents' wealth decreases, the unemployment rate increases for a potentially indefinite period. This...

Persistent link: https://www.econbiz.de/10010790439

Labor Market Issues in the Caribbean: Scope to Mobilize Employment Growth

Kandil, Magda E.; Lindow, Genevieve; Mansilla, Mario; … - International Monetary Fund (IMF) - 2014

The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean countries. To that end, the paper analyzes estimates of the employment-output elasticity and the response of employment growth to major sources of labor market determinants, in the...

Persistent link: https://www.econbiz.de/10010800970

Individuals’ unemployment durations over the business cycle

Kalwij, A.S. - 2003

Using a large panel of administrative records on unemployment durations this study confirms the predictions of the ranking model of Blanchard and Diamond (1994) that an individual’s probability of leaving unemployment decreases with unemployment duration and increases with labour market...

Persistent link: https://www.econbiz.de/10009460032

The effect of job loss on body weight during an economic collapse

Jónsdóttir, Sif; Ásgeirsdóttir, Tinna - In: The European Journal of Health Economics 15 (2014) 6, pp. 567-576

Studies on the relationship between unemployment and body weight show a positive relationship between Body Mass Index (BMI) and unemployment at the individual level, while aggregate unemployment is negatively related to a population’s average BMI. The aim of this study was to examine the...

Persistent link: https://www.econbiz.de/10010993845

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