Showing 1 - 10 of 160
flows. Similarly, countries with higher unemployment benefits and more coordinated wage bargaining systems are characterised …
Persistent link: https://www.econbiz.de/10009636541
Persistent link: https://www.econbiz.de/10009636989
's matching model of unemployment. To the best of our knowledge, this is the first attempt to implement and systematically compare …
Persistent link: https://www.econbiz.de/10009639478
This study poses the question about whether labour market institutions can explain unemployment rates in the ten new … European Union member states. In five out of the ten new member states, unemployment rates lie above the average in the 15 … part of unemployment in the new EU member states. This does not mean that these countries have no labour market problems …
Persistent link: https://www.econbiz.de/10009636570
The paper investigates small business lending as an information problem. It models the effects of information asymmetries within the bank combined with fixed wages. Two kinds of inefficiencies arise in equilibrium: the credit officer either sometimes shirks or he is occasionally fired. In both...
Persistent link: https://www.econbiz.de/10009639467
This paper examines the issue of the impact of aggregation in the empirical analysis of euro area labour markets. A Phillips Curve describing the adjustment of unit labour costs is estimated at the national and aggregate level for the 5 largest euro area countries. Potential sources of...
Persistent link: https://www.econbiz.de/10009639854
unemployment changes may have declined over the last decade. …
Persistent link: https://www.econbiz.de/10009640315
This paper investigates the wage and price setting behaviour of Lithuanian firms on the basis of an ad hoc survey “On Price and Wage Setting” undertaken by the Bank of Lithuania. The paper provides survey evidence on the frequency of wage and price changes. The frequency of wage changes...
Persistent link: https://www.econbiz.de/10009640342
Do public sector wages exert pressures on private sector wages, or has the private sector a leadership role in wage setting? This paper tries to isolate the pure signalling effect that one sector might exert on the other by controlling for other determinants of wages (prices, productivity,...
Persistent link: https://www.econbiz.de/10009640411
This article is based on the results of two company surveys - the first was conducted in 2007, before the recession 2008/2009 hit Austria, and the second was conducted in 2009 shortly after the trough of it. We analyse firms’ reactions to the crisis and focus on their labour market relevant...
Persistent link: https://www.econbiz.de/10009640421