Las correlaciones de la productividad del trabajo con el output, el total de horas trabajadas, las vacantes y el desempleo han cambiado desde 1980 en Estados Unidos. En este trabajo se propone una explicación para estos y otros cambios en las fluctuaciones de las variables laborales basado en...

In a search and matching environment, this paper assesses a range of modeling setups against macro evidence for the monetary transmission mechanism in the euro area. In particular, we assess right-to-manage vs. efficient bargaining, flexible vs. sticky wages, interactions at the firm level...

This thesis investigates the consequences of model uncertainty and persistence in consumption habits and price-setting behaviour in a New Keynesian model.As the decision of a central bank is made in an uncertain environment, the analysis of uncertainty is essential in monetary policy models. In...

A new strand of literature has recently sought to investigate possible links between technological changes, observed modifications to firms' organizational structure and the evolution of the wage gap between skilled and unskilled workers. After a brief overview of such approaches, this essay...

Die Arbeit untersucht und vergleicht die Wirkung von Mindest- und Kombilöhnen (Lohnkostenzuschüsse und Transferzahlungen an Arbeitnehmer) in einem Arbeitsmarktmodell mit monopsonistischer Konkurrenz und freiem Marktzutritt für Firmen. Es wird die Wirkung beider Instrumente auf die Nutzen der...

In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We have used a general equilibrium model in order to study how reducing mark-ups and increasing productivity in one sector affect aggregate unemployment for an exogenously given...

The Dissertation "Social Dumping: Theoretical and Empirical Aspects" consists in three logical parts, each of them analyzing the nexus labour standards - labour market outcomes - globalization. The first part, Chapter 2, is a theoretical analysis of the effects of globalization on the...

New residential construction is significantly more procyclical in emerging markets than in developed countries, although the correlation between aggregate investment and output is similar across emerging and developed countries. This paper shows that a multi-sector stochastic growth model with a...