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Comparisons and Contrasts of the Impact of the Crisis on Euro Area Labour Markets
Anderton, Robert - 2015
The global financial and economic crisis – including two euro area recessions in 2008-2009 and 2011-2013 – has had a heavy impact on euro area labour markets. A notable feature throughout the crisis has been the considerable degree of cross-country heterogeneity of labour market adjustments...
Persistent link: https://www.econbiz.de/10013030869
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Interpreting Europe and US labor markets differences : the specificity of human capital investments
Wasmer, Etienne - 2002
more efficient. In terms of transaction costs, the US pay on average higher search/hiring costs in the labor market, and …
Persistent link: https://www.econbiz.de/10011412475
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Interpreting Europe and US labor markets differences : the specificity of human capital investments
Wasmer, Etienne - 2002
Persistent link: https://www.econbiz.de/10013268823
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Extensive versus intensive margin over the business cycle : new evidence for Germany and the United States
Herzog-Stein, Alexander; Nüß, Patrick - 2016
den USA. Frühere Untersuchungen haben gezeigt, dass die extensive Margin dominiert und, dass, zweitens, in beiden Ländern … der extensiven und der intensiven Margin in den USA im zeitlichen Verlauf relativ stabil ist, variiert deren relative … den USA. Allerdings hängt ihre tatsächliche quantitative Bedeutung in erheblichem Umfang von der Wahl des …
Persistent link: https://www.econbiz.de/10011433362
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A tale of two countries: a comparison of the aggregate effects of sectoral reallocation in the United States and Germany
Reicher, Christopher Phillip - 2011
This paper compares the aggregate effects of sectoral reallocation in the United States and Western Germany using a stochastic volatility model of sectoral employment growth. Reallocative shocks have no effect on the natural rate of unemployment in either country, and there is mild evidence that...
Persistent link: https://www.econbiz.de/10009232258
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Germany and the United States in coronavirus distress : internal versus external labour market flexibility
Herzog-Stein, Alexander; Nüß, Patrick; Peede, Lennert; … - In: Journal for labour market research 56 (2022) 1, pp. 1-22
Germany and the United States pursued different economic strategies to minimise the impact of the Coronavirus Crisis on the labour market. Germany focused on safeguarding existing jobs through the use of internal flexibility measures, especially short-time work (STW). The United States relied on...
Persistent link: https://www.econbiz.de/10013368682
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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/10009736641
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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/10001502455
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Characteristics of unemployment dynamics : the chain reaction approach
Karanassou, Marika; Snower, Dennis J. - 2007
Persistent link: https://www.econbiz.de/10003474032
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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/10011325992