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IAB-Regionalstichprobe (1975–2001). The results suggest that wages in all examined groups of employed persons are strongly …
Persistent link: https://www.econbiz.de/10009450184
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth", describing the … these shocks also generate plausible impulse-responses for unemployment. Although our theory contains no money illusion, no … permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff …
Persistent link: https://www.econbiz.de/10009441372
The subject of the article is the relationship between unemployment and wages at the regional level in the Czech … national level. It is impossible to construct the wage curve in the period 2009-2010, for despite the big unemployment rise the … wages remained steady during this time. This fact supports the idea of short time downwards rigidity of wages. In 2003 …
Persistent link: https://www.econbiz.de/10011315861
indicators than the unemployment rate, given that the high proportion of involuntary part-time and discouraged workers are … exerting some downward pressure on wages …
Persistent link: https://www.econbiz.de/10012532338
they move back and forth between employment and unemployment, so that their labor income fluctuates stochastically due to … corresponding wages are drawn from a distribution. After presenting the Shimer and Werning (2008) model, which argues for constant … benefits across the unemployment spell if individuals have access to the capital market, this framework is used to prove that …
Persistent link: https://www.econbiz.de/10009450194
four and a half months to find a job. Combining these results, it is demonstrated that reducing the average unemployment … of various labor market and crime policies such as unemployment insurance, hiring subsidies and the duration of jail … sentences. For example, wage subsidies reduce unemployment, the crime rates of employed and unemployed workers, and improve …
Persistent link: https://www.econbiz.de/10009466027
market and implicit contracts in the determination of British real wages. Empirical work is carried out separately for males … determining real wages, although we do find some support for contracting effects. Further evidence is provided through the …
Persistent link: https://www.econbiz.de/10009475653
Education’s role in determining worker incomes in China’s rapidly changing urban labor markets is investigated in this paper. Using worker data from a 1999-2000 urban enterprise survey, we examine the effects of education on the current earnings of continuously-employed urban workers,...
Persistent link: https://www.econbiz.de/10009477510
evidence of rent sharing activities, however there is also asymmetry in quasi rent elasticity of wages. The wage setting …, wages in state firms are highly responsive to regional labour market conditions, while firms in other sectors are not. Rent …
Persistent link: https://www.econbiz.de/10009477544
, unemployment and the policy choices of the political authorities create incentives and constraints which shape union responses. The …
Persistent link: https://www.econbiz.de/10009459900