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Flexibility vs. Rigidity: Does Spain have the worst of both Worlds?
Saint-Paul, Gilles - 2000
In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the job loss rate is much...
Persistent link: https://www.econbiz.de/10010262363
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Combining Micro and Macro Unemployment Duration Data
van den Berg, Gerard J.; van der Klaauw, Bas - 2000
We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from … unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the … total inflow into unemployment. We estimate the model using (micro) survey data and (macro) administrative data from France …
Persistent link: https://www.econbiz.de/10010262334
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Generalized Taylor and generalized Calvo price and wage-setting: Micro evidence with macro implications
Dixon, Huw David; Le Bihan, Hervé - 2010
found to help rationalizing the hump-shaped response of inflation, without resorting to the counterfactual assumption of …
Persistent link: https://www.econbiz.de/10010273878
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Generalized Taylor and generalized Calvo price and wagesetting: Micro evidence with macro implications
Dixon, Huw; Le Bihan, Hervé - 2011
found to help rationalizing the hump-shaped and persistent response of inflation, without resorting to the counterfactual …
Persistent link: https://www.econbiz.de/10010288804
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The Shape of Hiring and Separation Costs
Michaud, Marie-Laure; Kramarz, Francis - 2004
In this article, we estimate the structure of costs of hiring, terminating, and retiring employees in France. We use a representative panel data set of French establishments that contains direct measures of these various costs as well as measures of entries and exits for the years 1992 and 1996....
Persistent link: https://www.econbiz.de/10010261918
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The Effects of European Economic and Monetary Union on Wage Behaviour
Lauer, Charlotte - 1999
This paper evaluates the possible consequences of the forthcoming European and Monetary Union on wage behaviour. It will be shown that EMU does not influence wage policy directly, but rather indirectly through its implications on other areas of economic policy, predominantly on monetary policy....
Persistent link: https://www.econbiz.de/10010262269
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On the role of sectoral and national components in the wage bargaining process
Dreger, Christian; Reimers, Hans-Eggert - 2010
for services sectors. It reflects national inflation and productivity growth, while labour market tightness is negligible …
Persistent link: https://www.econbiz.de/10010269817
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Investing in European Stock Markets for High-Technology Firms
Pierdzioch, Christian; Schertler, Andrea - 2005
We used a recursive modeling approach to study whether investors could, in real time, have used information on the comovement of stock markets to forecast stock returns in European stock markets for high-technology firms. We used weekly data on returns in the Neuer Markt, the Nouveau Marché,...
Persistent link: https://www.econbiz.de/10010260542
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Sticky wages: evidence from quarterly microeconomic data
Heckel, Thomas; Le Bihan, Hervé; Montornès, Jérémi - 2008
This paper documents nominal wage stickiness using an original quarterly firm-level dataset. We use the ACEMO survey, which reports the base wage for up to 12 employee categories in French firms over the period 1998 to 2005, and obtain the following main results. First, the quarterly frequency...
Persistent link: https://www.econbiz.de/10011604939
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Labor Supply Dynamics, Unemployment and Human Capital Investments
Wasmer, Etienne - 2002
composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …
Persistent link: https://www.econbiz.de/10010262787