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Divergence in labour force growth : should wages and prices grow faster in Germany?
Beissinger, Thomas; Hellier, Joël; Marczak, Martyna - 2020
goods. Hence, the German policy of wage moderation could severely constrain other countries' policy options. The simulations …
Persistent link: https://www.econbiz.de/10012255659
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Divergence in labour force growth : should wages and prices grow faster in Germany?
Beissinger, Thomas; Hellier, Joël; Marczak, Martyna - 2020
goods. Hence, the German policy of wage moderation could severely constrain other countries' policy options. The simulations …
Persistent link: https://www.econbiz.de/10012252383
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Divergence in labour force growth : should wages and prices grow faster in Germany?
Beissinger, Thomas; Hellier, Joël; Marczak, Martyna - 2020
goods.Hence,the German policy of wage moderation could severely constrain other countries policy options. The simulations of …
Persistent link: https://www.econbiz.de/10012300561
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Understanding low wage growth in the euro area and European countries
Nickel, Christiane (ed.); Bobeica, Elena (ed.);  … - 2019
Despite notable improvements in the labour market since 2013, wage growth in the euro area was subdued and … substantially overpredicted in 2013-17. This paper summarises the findings of an ESCB expert group on the reasons for low wage … growth and provides comparable analyses on wage developments in the euro area as a whole and in individual EU countries. The …
Persistent link: https://www.econbiz.de/10012063794
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Heterogeneity in the cyclical sensitivity of job-to-job flows
Schaffner, Sandra - 2009
Although the cyclical aspects of worker reallocation are investigated in numerous studies, only scarce empirical evidence exists for Germany. Kluve, Schaffner, and Schmidt (2009) emphasize the heterogeneity of cyclical influences for different subgroups of workers, defined by age, gender and...
Persistent link: https://www.econbiz.de/10003861416
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Heterogeneity in the cyclical sensitivity of job-to-job flows
Schaffner, Sandra - 2009
Although the cyclical aspects of worker reallocation are investigated in numerous studies, only scarce empirical evidence exists for Germany. Kluve, Schaffner, and Schmidt (2009) emphasize the heterogeneity of cyclical influences for different subgroups of workers, defined by age, gender and...
Persistent link: https://www.econbiz.de/10003872590
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016 - First version: April 2015. This version: February 2016
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic productivity shocks for new contacts. Large negative...
Persistent link: https://www.econbiz.de/10011444082
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic productivity shocks for new contacts. Large negative...
Persistent link: https://www.econbiz.de/10011455340
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016 - This Version: February 2016
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic productivity shocks for new contacts. Large negative...
Persistent link: https://www.econbiz.de/10011447126
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2022
This paper shows that a search and matching model with idiosyncratic training cost shocks can explain the asymmetric movement of the job-finding rate over the business cycle and the decline of matching efficiency in recessions. Large negative aggregate shocks move the hiring cutoff into a part...
Persistent link: https://www.econbiz.de/10013185150