Showing 1 - 10 of 8,123
; equilibrium unemployment ; inflation target ; Phillips curve ; Lucas critique ; Germany …
Persistent link: https://www.econbiz.de/10009746167
unemployment is very close to zero when unemployment is above its long term average but large and highly significant when below. We … unemployment. It cannot however match the persistence of the German unemployment rate. We conjecture that extending the model to …
Persistent link: https://www.econbiz.de/10010490623
einer geringen Qualifikation behindert und zum Anstieg der Arbeitslosigkeit beigetragen. … impeded by the system of social assistance. As a consequence, unemployment increased. …
Persistent link: https://www.econbiz.de/10011495535
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10011448440
lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10011403751
find that an increase in the unemployment rate of one percentage point decreases the real wages of job entries within given … rigidity in the Mortensen-Pissarides model in order to amplify realistic volatility of unemployment is not supported by the … unemployment. -- real wage cyclicality ; entry wages ; search and matching model …
Persistent link: https://www.econbiz.de/10009529619
The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …
Persistent link: https://www.econbiz.de/10010495336
In this paper we analyze the sources of German unemployment within a structural vector error correction model (SVECM …, productivity and unemployment which is interpreted as a wage setting relation. From a Subset VECM we identify meaningful structural … shocks and assess their importance for unemployment by impulse response analysis and forecast error variance decompositions …
Persistent link: https://www.econbiz.de/10009613616
, causing both unemployment and excessive value added in exports. Moreover, excessive wages induce too much outsourcing of …
Persistent link: https://www.econbiz.de/10013317598
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10013319961