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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

Experience Rating of Unemployment Insurance in the US: A Model for Europe?

Fath, Julia; Fuest, Clemens - In: CESifo DICE Report 03 (2005) 2, pp. 45-50

Persistent link: https://www.econbiz.de/10011696550

Minimálbér-paradoxon - versenyzőpiacon? Egy gondolatkísérlet tanulságai

Gábor, István R. - 2009

In the conventional textbook demand-supply model of competitive labour markets, introduction of a minimum wage above the market-clearing level must reduce employment. Empirical findings suggest, however, that this might not always be the case, which appears to be most readily explained by...

Persistent link: https://www.econbiz.de/10010494691

Endogenous growth, countercyclical dividends, and asset prices

Filep-Mosberger, Palma; Kaszab, Lorant; Ren, Zhou - 2023

horizontal and vertical innovation match financial data well due to countercyclical dividends which are either procyclical or … acyclical in US data. Countercyclical dividends redistribute income from consumption towards investment in innovation improving … growth prospects which are reflected in asset prices. In the horizontal innovation model of Kung and Schmid (2015 …

Persistent link: https://www.econbiz.de/10014563914

Preferences for Rigid versus Individualized Wage Setting in Search Economies with Frictions

Burda, Michael C.; Boeri, Tito - 2004

Firing frictions and renegotiation costs affect worker and firm preferences for rigid wages versus individualized Nash bargaining in a standard model of equilibrium unemployment, in which workers vary by observable skill. Rigid wages permit savings on renegotiation costs and prevent workers from...

Persistent link: https://www.econbiz.de/10010261883

The vanishing procyclicality of labor productivity

Galí, Jordi; van Rens, Thijs - 2010

We document three changes in postwar US macroeconomic dynamics: (i) the procyclicality of labor productivity has vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real wage has risen. We propose an explanation for all three...

Persistent link: https://www.econbiz.de/10010270843

Inflation dynamics with labour market matching: assessing alternative specifications

Christoffel, Kai; Costain, James; de Walque, Gregory; … - 2009

This paper reviews recent approaches to modeling the labour market and assesses their implications for inflation dynamics through both their effect on marginal cost and on price-setting behaviour. In a search and matching environment, we consider the following modeling setups: right-to-manage...

Persistent link: https://www.econbiz.de/10011605099

Inflation dynamics with labour market matching: assessing alternative specifications

Christoffel, Kai; Costain, James; de Walque, Gregory; … - 2009

This paper reviews recent approaches to modeling the labour market, and assesses their implications for inflation dynamics through both their effect on marginal cost and on price-setting behavior. In a search and matching environment, we consider the following modeling setups: right-to-manage...

Persistent link: https://www.econbiz.de/10011506684

Carbon policy in a high-growth economy: The case of China

Bretschger, Lucas; Zhang, Lin - 2014

innovation, and sector-specific investments. We find that the implementation of Chinese government carbon policies until 2020 … induced innovation, and rising energy prices in the reference case reduces welfare losses significantly. We argue that …

Persistent link: https://www.econbiz.de/10011753265

Green tax reform, endogenous innovation and the growth dividend

Karydas, Christos; Zhang, Lin - 2017

. The scope for innovation is reduced when we consider direct financial investment in the lab, or elastic labor supply. We …

Persistent link: https://www.econbiz.de/10011753330

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