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Einführung von Lohnrigidität in das Mortensen-Pissarides-Modell, um realistische Volatilitäten der Arbeitslosigkeit zu erzeugen …
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The labour market consequences of the severe fall in economic activity that took place in Ireland after the recent global recession were quite stark, especially for young people. One particularly disquieting development has been the rise in the number of young people not in employment, education...
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This paper addresses two issues of great importance in the current economic climate. First, it analyses the extent to which unemployment experiences have a scarring effect on British men during the Great Recession. Second, it provides an insight into the relation between true state dependence...
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We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
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