Similar Search Results

Wage cyclicalities and labor market dynamics at the establishment level : theory and evidence

Merkl, Christian; Stüber, Heiko - 2017

Using the new AWFP dataset that covers all German establishments, we document a substantial cross-sectional heterogeneity of establishments' average real wages over the business cycle. While the median establishments' real wages are procyclical, there is a large fraction of establishments with...

Persistent link: https://www.econbiz.de/10011735900

An incentive theory of matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009

empirical regularities that the conventional matching model cannot. -- Matching ; incentives ; adjustment costs ; unemployment …

Persistent link: https://www.econbiz.de/10003832116

An incentive theory of matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009

empirical regularities that the conventional matching model cannot. -- Matching ; incentives ; adjustment costs ; unemployment …

Persistent link: https://www.econbiz.de/10003827234

Value Added, Wages, and Labor Market Flows at the Establishment Level

Merkl, Christian - 2018

In this paper, we analyze the connection between value added, wages, and labor market flows at the establishment level. We develop a simple model to illustrate the expected comovement of these variables. For the empirical analysis, we link the new German Administrative Wage and Labor Market Flow...

Persistent link: https://www.econbiz.de/10012926732

Wage cyclicalities and labor market dynamics at the establishment level : theory and evidence

Merkl, Christian; Stüber, Heiko - 2016

This paper analyzes the effects of different wage cyclicalities on labor market flow dynamics at the establishment level. We derive a model that allows for heterogeneous wage cyclicalities across firms over the business cycle and confront the theoretical results with the new AWFP dataset, which...

Persistent link: https://www.econbiz.de/10011574241

Value added, wages, and labor market flows at the establishment level

Merkl, Christian; Stüber, Heiko - 2017

In this paper, we analyze the connection between value added, wages, and labor market ows at the establishment level. For this purpose, we first develop a simple model to illustrate the expected comovement of these variables. For the empirical analysis, we link the new German Administrative Wage...

Persistent link: https://www.econbiz.de/10011585891

Value added, wages, and labor market flows at the establishment level

Merkl, Christian; Stüber, Heiko - 2018

Persistent link: https://www.econbiz.de/10011796396

Wage Cyclicalities and Labor Market Dynamics at the Establishment Level : Theory and Evidence

Merkl, Christian - 2017

Persistent link: https://www.econbiz.de/10012946571

Selective hiring and welfare analysis in labor market models

Merkl, Christian; Rens, Thijs van - 2012

predictions of the model change very little, but the welfare costs of unemployment are much larger because unemployment risk is … distributed unequally across workers. As a result, optimal unemployment insurance may be higher and welfare is lower if hiring is … selective. -- labor market models ; welfare ; optimal unemployment insurance …

Persistent link: https://www.econbiz.de/10009530304

Selective hiring and welfare analysis in labor market models

Merkl, Christian; Rens, Thijs van - 2012

predictions of the model change very little, but the welfare costs of unemployment are much larger because unemployment risk is … distributed unequally across workers. As a result, optimal unemployment insurance may be higher and welfare is lower if hiring is … selective. -- Labor market models ; welfare ; optimal unemployment insurance …

Persistent link: https://www.econbiz.de/10009425519