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. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … ; macroeconomic volatility ; monetary policy ; firing costs ; unemployment benefits ; replacement rate …
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. 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 …
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German welfare system and the associated employment persistence. Even the steady decrease of labor cost (normalized by … underutilization, and unemployment arising from the decline of the tradable sector. …
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German welfare system and the associated employment persistence. Even the steady decrease of labor cost (normalized by … underutilization, and unemployment arising from the decline of the tradeable sector. …
Persistent link: https://www.econbiz.de/10003282877
This paper indicates that East Germany's unemployment originates primarily in the labor market, caused by the fast wage … traps. -- Unemployment ; labor market trap ; East Germany …
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