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Countercyclical endogenous uncertainty shocks, efficiency wages and procyclical precautionary labor productivity

Grandmont, Jean-Michel - 2017

Persistent link: https://www.econbiz.de/10012196341

Countercyclical endogenous uncertainty shocks, efficiency wages and procyclical precautionary labor productivity

Grandmont, Jean-Michel - 2017 - Revised October 2017

Persistent link: https://www.econbiz.de/10011774730

Productive Recessions and Jobless Recoveries

Burger, John D. - 2014

We explore international variation in business cycle dynamics to gain insights into the recent pattern of robust productivity growth during downturns (productive recessions) and weak employment growth during recoveries (jobless recoveries) seen in some advanced economies. We find that sectoral...

Persistent link: https://www.econbiz.de/10013049131

The role of news about TFP in U.S. recessions and booms

Faccini, Renato; Melosi, Leonardo - 2018

We develop a general equilibrium model to study the historical contribution of TFP news to the U.S. business cycle … plausibly calibrated hiring costs, employment gradually rises in response to positive TFP news shocks even under standard … preferences. TFP news shocks are identified mainly by current and expected unemployment rates since periods in which average …

Persistent link: https://www.econbiz.de/10011822212

Labor force status dynamics in the German labor market : individual heterogeneity and cyclical sensitivity

Kluve, Jochen; Schaffner, Sandra; Schmidt, Christoph M. - 2009

The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend both, on individual duration in a particular state...

Persistent link: https://www.econbiz.de/10003884974

Are real entry wages rigid over the business cycle? : empirical evidence for Germany from 1977 to 2009

Stüber, Heiko - 2012

Konjunkturzyklus reagieren. Dieses Papier analysiert für Deutschland das zyklischen Verhaltens realer Einstiegslöhne unter Kontrolle …

Persistent link: https://www.econbiz.de/10009529619

Transitions in the German labor market : structure and crisis

Krause, Michael; Uhlig, Harald - 2011

Since the so-called Hartz IV reforms around 2005 and during the global crisis of 2008/2009, the German labor market featured mainly declining unemployment rates. We develop a search and matching model with heterogeneous skills to explore the role of structural and cyclical policies for this...

Persistent link: https://www.econbiz.de/10009490829

Business cycles, unemployment and entrepreneurial entry : first evidence from Germany

Fritsch, Michael; Kritikos, Alexander; Pijnenburg, Katharina - 2013

We investigate whether people become more willingly self-employed during boom periods or in recessions and to what extent it is the business cycle or the employment status influencing entry rates into entrepreneurship. Our analysis for Germany reveals that start-up activities are positively...

Persistent link: https://www.econbiz.de/10009723596

Business cycles, unemployment and entrepreneurial entry : first evidence from Germany

Fritsch, Michael; Kritikos, Alexander; Pijnenburg, Katharina - 2013

Persistent link: https://www.econbiz.de/10009723921

Business cycles, unemployment and entrepreneurial entry : evidence from Germany

Fritsch, Michael; Kritikos, Alexander; Pijnenburg, Katharina - 2013

We investigate whether people are more willing to become self-employed during boom periods or during recessions and to what extent business cycles or unemployment levels influence entries into entrepreneurship. Our analysis for Germany reveals that there is a positive relationship between...

Persistent link: https://www.econbiz.de/10010229512

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