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Price, wage and employment response to shocks

Bertola, Giuseppe; Dabusinskas, Aurelijus; Hoeberichts, … - 2010

. cost and wage vs. employment adjustments in response to cost-push shocks depend – in theoretically sensible ways – on the … that the pass-through is lower in highly competitive firms. Furthermore, a high degree of employment protection and …

Persistent link: https://www.econbiz.de/10009640395

How flexible are real wages in EU countries?

Heinz, Frigyes Ferdinand; Rusinova, Desislava - 2011

In this paper we estimate the degree of real wage flexibility in 19 EU countries in a wage Phillips curve panel framework. We find evidence for a reaction of wage growth to unemployment and productivity growth. However, due to unemployment persistence, over time the real wage response weakens...

Persistent link: https://www.econbiz.de/10009640910

Gross job flows and institutions in Europe

Gómez-Salvador, Ramón; Messina, Julián; Vallanti, … - 2004

institutions in the dynamics of job creation and destruction is examined. As expected, employment protection is found to reduce job …

Persistent link: https://www.econbiz.de/10009636541

Did the pattern of aggregate employment growth change in the euro area in the late 1990s?

Mourre, Gilles - 2004

The paper examines whether the pattern of growth in euro area employment seen in the period 1997-2001 differed from … that recorded in the past and what could be the reasons for that. First, a standard employment equation is estimated for … with a productivity trend and employment “inertia”, can account for most of the employment developments between 1970 and …

Persistent link: https://www.econbiz.de/10009639412

Foreign direct investment and international business cycle comovement

Jansen, W. Jos; Stokman, Ad C. J. - 2004

This paper investigates the relationship between bilateral FDI positions and cross-country business cycle correlations in the period 1982–2001. We find that countries that have comparatively intensive FDI relations also have more synchronized business cycles during 1995–2001. Before 1995, we...

Persistent link: https://www.econbiz.de/10009639461

ERM case studies: Employment impact of relocation of multinational companies across the EU

Morley, John - 2009

This report examines shifts in the pattern of production and employment between different countries and regions of … it comes to location decisions. This has inevitable consequences for employment, as companies expand production in some … locations and seek to rationalise production and employment in others. This study aims to summarise and illustrate these …

Persistent link: https://www.econbiz.de/10011998836