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Do labor markets discipline? Evidence from RMBS bankers

Griffin, John M.; Kruger, Samuel; Maturana, Gonzalo - In: Journal of financial economics 133 (2019) 3, pp. 726-750

Persistent link: https://www.econbiz.de/10012166168

Characteristics of unemployment dynamics: The chain reaction approach

Karanassou, Marika; Snower, Dennis J. - 2007

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...

Persistent link: https://www.econbiz.de/10010293972

Interaction between Supply and Demand Shocks in Production and Employment

den Butter, F.A.G.; Koopman, S.J. - 1997

A major aim of recent empirical modelling of the business cycle isto identify the relative importance of aggregate supply and demandshocks. Supply or technology shocks are associated with permanent(structural) effects on economic activity whereas demand shocks arerelated to temporary (cyclical)...

Persistent link: https://www.econbiz.de/10010324404

Testing for Asymmetry in British, German and US Unemployment Data

Kohns, Stephan - 2001

Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an asymmetric pattern in the evolution of unemployment,...

Persistent link: https://www.econbiz.de/10010262548

Transatlantic differences in labour markets changes in wage and non-employment structures in the 1980s and the 1990s

Puhani, Patrick A. - 2005

Rising wage inequality in the U.S. and Britain and rising continental European unemployment have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the unskilled, combined with flexible wages in the Anglo-Saxon...

Persistent link: https://www.econbiz.de/10010266860

Capital deepening and wage differentials: Germany vs. US

Koeniger, Winfried; Leonardi, Marco - 2006

Capital deepening may affect the evolution of the wage differential between skilled and unskilled workers differently in countries with different labor market institutions. If labor market institutions raise the relative wage of unskilled workers in Germany, firms have incentives to invest...

Persistent link: https://www.econbiz.de/10010267684

Structural revolution: The interaction of product and labor markets

Schettkat, Ronald - In: Intereconomics 36 (2001) 1, pp. 34-43

Persistent link: https://www.econbiz.de/10010271593

Characteristics of unemployment dynamics: The chain reaction approach

Karanassou, Marika; Snower, Dennis J. - 2000

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...

Persistent link: https://www.econbiz.de/10010273099

Globalisation, wage adjustment, and unemployment: An empirical analysis based on the factor price frontier

Hornung, Dietmar; Schimmelpfennig, Axel; Wapler, Rüdiger - 1997

We investigate the effects of globalisation on the labour market using the factor price frontier. The factor price frontier defines a negative relationship between the real rate of return and the real wage rate. As international capital mobility equalises the real rate of return in all...

Persistent link: https://www.econbiz.de/10010275285

Deutsche Wirtschaft noch in der Defensive: Aber erste Anzeichen für ein Ende des Abschwungs

Drygalla, Andrej; Exß, Franziska; Heinisch, Katja; … - In: Konjunktur aktuell 12 (2024) 2, pp. 34-90

Seit Beginn des vergangenen Jahres expandiert die Weltwirtschaft in moderatem Tempo. Allerdings gerät in den USA das … nur für die USA hat zu einem Wiederanstieg der Kapitalmarktzinsen geführt. Dagegen hat die chinesische Wirtschaftspolitik … rechnen. Für Deutschland vermehren sich in der ersten Jahreshälfte 2024 die Anzeichen für eine konjunkturelle Besserung. Dank …

Persistent link: https://www.econbiz.de/10014583755

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