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Shifts in euro area Beveridge curves and their determinants
Bonthuis, Boele; Jarvis, Valerie; Vanhala, Juuso - In: IZA journal of labor policy 5 (2016) 20, pp. 1-17
This paper analyses euro area Beveridge curves at the euro area aggregate and country level over the past 25 years. Using an autoregressive distributed lag model, we find a significant outward shift and flattening of the euro area Beveridge curve since the onset of the crisis, but considerable...
Persistent link: https://www.econbiz.de/10011573235
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Shifts in Euro Area Beveridge Curves and Their Determinants
Bonthuis, Boele - 2015
​This paper analyses euro area Beveridge curves at the euro area aggregate and country level over the past 25 years. Using an autoregressive distributed lag model we find a significant outward shift in the euro area Beveridge curve since the onset of the crisis, but considerable heterogeneity...
Persistent link: https://www.econbiz.de/10013028846
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Cyclical Labour Market Adjustment in New Zealand : The Response of Firms to the Global Financial Crisis and Its Implications for Workers
Fabling, Richard - 2012
This paper examines the dynamics of employment adjustment in New Zealand, focusing on the response of firms to the 2008/09 Global Financial Crisis. We use data from Statistics New Zealand's prototype Longitudinal Business Database (LBD) to examine firms' employment responses to output shocks...
Persistent link: https://www.econbiz.de/10013107881
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The German Labor Market During the Great Recession : Shocks and Institutions
Gehrke, Britta - 2018
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10012909849
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Potential effects of the Great Recession on the U.S. labor market
Dickens, William T.; Triest, Robert K. - 2012 - This version: September 12, 2012
with relatively little change in the unemployment rate suggests a decrease in the efficiency of job matching and an …
Persistent link: https://www.econbiz.de/10009630247
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Structural and Cyclical Forces in the Labor Market During the Great Recession : Cross-Country Evidence
Sala, Luca - 2012
We use an estimated monetary business cycle model with search and matching frictions in the labor market and nominal … movements in GDP, unemployment, vacancies, and wages in the period from 2007 until 2011. We show that contractionary financial … factors and reduced efficiency in labor market matching were largely responsible for the experience in the U.S. Financial …
Persistent link: https://www.econbiz.de/10013098495
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Structural and Cyclical Forces in the Labor Market During the Great Recession : Cross-Country Evidence
Sala, Luca - 2012
We use an estimated monetary business cycle model with search and matching frictions in the labor market and nominal … movements in GDP, unemployment, vacancies, and wages in the period from 2007 until 2011. We show that contractionary financial … factors and reduced efficiency in labor market matching were largely responsible for the experience in the U.S. Financial …
Persistent link: https://www.econbiz.de/10013099161
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Labour Market Prospects and Policies to Soften the Impact of the Financial Crisis
Carone, Giuseppe - 2009
The global downturn is now strongly affecting EU labour markets. In light of the downward revision to the growth projections and the uncertainty created by the financial meltdown, the outlook for employment has deteriorated considerably. This would also be consistent with the experience from...
Persistent link: https://www.econbiz.de/10013159154
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Structural and cyclical forces in the labor market during the great recession : cross-country evidence
Sala, Luca; Söderström, Ulf; Trigari, Antonella - 2012
We use an estimated monetary business cycle model with search and matching frictions in the labor market and nominal … movements in GDP, unemployment, vacancies, and wages in the period from 2007 until 2011. We show that contractionary financial … factors and reduced efficiency in labor market matching were largely responsible for the experience in the U.S. Financial …
Persistent link: https://www.econbiz.de/10009632676
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Firm-level hiring difficulties : persistence, business cycle and local labour market influences
Fabling, Richard; Maré, David Christopher - 2013
We examine the correlates of reported hiring difficulties at the firm level using linked employer-employee and panel survey data over 2005-2011, focussing on the relative influence of firm-level characteristics, persistence, the business cycle and local labour market liquidity. At both the...
Persistent link: https://www.econbiz.de/10009786490