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 …

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 …

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 …

the effects of the restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate …

's tradable sector in the aftermath of the Hartz unemployment insurance reform based on firm-level data. Our quantitative model … matches a significant fraction of various macroeconomic trends after the reform, namely Germany's persistent increase of …, and the decline in unemployment. Conversely, Germany's wage moderation before the reform appears to be unrelated to most …