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The Macroeconomics of Labor and Credit Market Imperfections
Wasmer, Etienne; Weil, Philippe - 2000
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …
Persistent link: https://www.econbiz.de/10010262387
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Labor market dynamics and institutions: An evolutionary approach
Gabriele, Roberto - 2002
persistent unemployment level, and wages stickiness. On the aggregate level, we observe a self-enforcing process of real income …
Persistent link: https://www.econbiz.de/10010328586
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On-the-job search and the cyclical dynamics of the labor market
Krause, Michael; Lubik, Thomas A. - 2007
, this allows the model to generate fluctuations of unemployment, vacancies, and labor productivity whose magnitudes are …
Persistent link: https://www.econbiz.de/10010295852
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Unemployment in an interdependent world
Felbermayr, Gabriel; Larch, Mario; Lechthaler, Wolfgang - 2009
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …
Persistent link: https://www.econbiz.de/10010265248
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Unemployment in an interdependent world
Felbermayr, Gabriel J.; Larch, Mario; Lechthaler, Wolfgang - 2009
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …
Persistent link: https://www.econbiz.de/10010266008
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Unemployment in an interdependent world
Felbermayr, Gabriel; Larch, Mario; Lechthaler, Wolfgang - 2012
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …
Persistent link: https://www.econbiz.de/10011453724
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Multiple Equilibria and Minimum Wages in Labor Markets with Informational Frictions and Heterogeneous Production Technologies
van den Berg, Gerard J. - 1999
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10010324545
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Does Education Reduce Wage Inequality? Quantile Regressions Evidence from Fifteen European Countries
Pereira, Pedro Telhado; Martins, Pedro Silva - 2000
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during a period ranging between 1980 and 1995. We focus on within-educational-levels wage inequality by estimating quantile regressions of Mincer equations and analysing the...
Persistent link: https://www.econbiz.de/10010262344
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Why do jobless rates differ?
Nickell, Stephen; Nunziata, Luca; Ochel, Wolfgang; … - In: CESifo Forum 03 (2002) 1, pp. 50-59
Persistent link: https://www.econbiz.de/10011695690
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Interactions between Institutions Matter
Belot, Michèle; van Ours, Jan C. - In: CESifo DICE Report 01 (2003) 2, pp. 3-6
Persistent link: https://www.econbiz.de/10011696425