macroeconomic volatilities. In our subsequent empirical estimations, we find that higher labor turnover costs have a statistically …

macroeconomic volatilities. In our subsequent empirical estimations, we find that higher labor turnover costs have a statistically … ; macroeconomic volatility ; monetary policy ; firing costs ; unemployment benefits ; replacement rate …

macroeconomic volatilities. In our subsequent empirical estimations, we find that higher labor turnover costs have a statistically … and inflation volatility ; labor turnover costs ; unemployment benefits ; unemployment ; eurozone …

due to a drop in the replacement rate or firing costs, leading to a fall in wages, (ii) hiring subsidies, and (iii …

negotiations due to a drop in the replacement rate or firing costs, leading to a fall in wages, (ii) hiring subsidies, and (iii …

negotiations due to a drop in the replacement rate or firing costs, leading to a fall in wages, (ii) hiring subsidies, and (iii …

due to a drop in the replacement rate or firing costs, leading to a fall in wages, (ii) hiring subsidies, and (iii …

This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which … reform initiates both a partial effect and an equilibrium effect. The relative importance of these two effects and the size …