We study the relationship between employment growth and worker flows in excess of job flows (churn) at the … establishment level using the new German AWFP dataset spanning from 1975–2014. Churn is above 5 percent of employment along the … entire employment growth distribution and most pronounced at rapidly-adjusting establishments. We find that the patterns of …

wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …

wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …

Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics … relationship between employment cyclicality and wage cyclicality at the establishment level. We use this micro-estimate as a …

establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow …

. 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 …

real wage rigidities. -- Monetary policy ; real wage rigidity ; labor turnover costs ; unemployment ; tradeoff …