Showing 1 - 10 of 60
-run inflation-unemployment tradeoff. …
Persistent link: https://www.econbiz.de/10005822071
This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …
Persistent link: https://www.econbiz.de/10005822664
The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterized by economic …
Persistent link: https://www.econbiz.de/10005419509
-being responds negatively (positively) to an increase in the GDP (unemployment rate) of their home country. That is, we originally …
Persistent link: https://www.econbiz.de/10010759905
-being responds negatively (positively) to an increase in the GDP (unemployment rate) of their home country. That is, we originally …
Persistent link: https://www.econbiz.de/10010734424
Germany's recovery from an unemployment disease and its resilience to the Great Recession is remarkable. Its success …
Persistent link: https://www.econbiz.de/10010735642
Before the Great Recession, rising income inequality within the European Union member states has been considered to be one driver for an increasing Euroskepticism. Using rich data on attitudes towards European integration from the Eurobarometer (EB) surveys, we revisit the issue by analyzing the...
Persistent link: https://www.econbiz.de/10010748385
The paper examines the implications of an important aspect of the ongoing reorganization of work - the move from occupational specialization toward multi-tasking - for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...
Persistent link: https://www.econbiz.de/10010818365
This paper examines whether the subjective well-being of migrants is responsive to fluc- tuations in macroeconomic conditions in their country of origin. Using the German Socio- Economic Panel for the years 1984 to 2009 and macroeconomic variables for 24 countries of origin, we exploit...
Persistent link: https://www.econbiz.de/10010818761
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10011103270