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Gross job flows and institutions in Europe

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

We examine job flows in the 1990s for a sample of 13 European countries. By using a dataset of continuing firms that covers all sectors, we find firm characteristics to be important determinants of job flows, with smaller and younger firms within services typically having a larger degree of job...

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

International risk-sharing and the transmission of productivity shocks

Corsetti, Giancarlo; Dedola, Luca; Leduc, Sylvain - 2004

A central puzzle in international finance is that real exchange rates are volatile and, in stark contradiction to effcient risk-sharing, negatively correlated with cross-country consumption ratios. This paper shows that incomplete asset markets and a low price elasticity of tradables can account...

Persistent link: https://www.econbiz.de/10009636531

Voluntary and forced job mobility in Europe

Coppin, Laura; Vandenbrande, Tom - 2007

This report begins by elaborating upon the different factors that appear to influence the degree to which people change employers. It then formulates a number of hypotheses regarding the influence of biographical characteristics, country characteristics, previous job mobility history, job...

Persistent link: https://www.econbiz.de/10010347002

Policy lessons from the fifth EWCS : The pursuit of more and better jobs

Morley, John - 2014

This report examines the evidence and policy lessons that can be drawn from the findings of the fifth European Working Conditions Survey (EWCS) carried out in 2010. The focus is on the links between working conditions and labour market participation in the light of the EU’s longstanding policy...

Persistent link: https://www.econbiz.de/10010436133

Restructuring in the public sector : ERM annual report 2014

Celikel-Esser, Funda; Storrie, Donald; Hurley, John; … - 2015

The European Restructuring Monitor’s annual report for 2014 explores the rapid transformation of the public sector in Europe since the onset of the financial crisis in 2008. Initially, employment expansion in the sector helped to stabilise Europe’s economy while the private sector suffered...

Persistent link: https://www.econbiz.de/10010507123

Trade costs, openness and productivity

Lejour, Arjan; Rojas-Romagosa, Hugo; Rodriguez, Victor; … - 2009

This paper discusses the channels between openness and productivity and trade hampering factors. The stylized facts from the heterogeneous firms literature suggests that firms face market entry costs for each new product they export and to each new export market. Transport costs, border costs...

Persistent link: https://www.econbiz.de/10009640174

Measuring contagion with a Bayesian, time-varying coefficient model

Ciccarelli, Matteo; Rebucci, Alessandro - 2003

To measure contagion empirically, we propose using a Bayesian time-varying coeﬃcient model estimated with Markov ChainMonte Carlo methods. The proposed measure works in the joint presence of heteroskedasticity and omitted variables and does not require knowledge of the timing of the crisis. It...

Persistent link: https://www.econbiz.de/10009635914

Measurement of contagion in banks' equity prices

Gropp, Reint; Moerman, Gerard - 2003

This paper uses the co-incidence of extreme shocks to banksu0092 risk to examine within country and across country contagion among large EU banks. Banksu0092 risk is measured by the first difference of weekly distances to default and abnormal returns. Using Monte Carlo simulations, the paper...

Persistent link: https://www.econbiz.de/10009636520

Inflation and relative price asymmetry

Ratfai, Attila - 2004

. Robustly to alternative definitions of the relative price, identification schemes dictated by two-sided (S,s) pricing theory …

Persistent link: https://www.econbiz.de/10009636524

Equilibrium unemployment, job flows and inflation dynamics

Trigari, Antonella - 2004

general equilibrium model that integrates a theory of equilibrium unemployment into a monetary model with nominal price … worker, job creation and job destruction conditional on a shock to monetary policy. Moreover, allowing for variation of the … helps to explain the sluggishness of inflation and the persistence of output after a monetary policy shock. The ability of …

Persistent link: https://www.econbiz.de/10009636527

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