Payroll taxes represent a major distortionary influence of governments on labor markets. Thispaper examines the role of payroll taxation and the social safety net for cyclical fluctuations ina nonmonetary economy with labor market frictions and unemployment insurance, when thelatter is only...

In the Former Soviet Union, the early 1990s were characterized by largefalls in GDP and small changes to already low unemployment. The slowadjustment to unemployment was a result of employers using variousmeans to maintain employment levels, including; extended periods ofunpaid leave, reduced...

In Germany, the employment response to the post-2007 crisis has been muted compared toother industrialized countries. Despite a large drop in output, employment has hardlychanged. In this paper, we analyze the determinants of German firms’ labor demand duringthe crisis using a firm-level panel...

My assignment for this conference on U.S.wage trends was, as an outsider, to drawthe macroeconomic implications of wideningwage inequality. I shall do so in six points.[...]

This paper investigates the determinants of European financial analysts' forecasts differential accuracy.

Showcasing data from all areas of the ILC program and other sources, Charting International Labor Comparisons is a gateway to explore how key labor market and other national economic measurements compare across countries. There are links to previous editions of the Chartbook of International...

Die vorliegende Arbeit versucht, statt der üblichen passiven Vorgehensweise, durch die Arbeitslosigkeit nicht verhindert werden kann, aktive Lösungen zu entwickeln, mit denen versucht wird, die von Personalabbau Betroffenen noch vor dem oder in direktem Anschluss an den Verlust des...