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History dependence in wages and cyclical selection : evidence from Germany
Bauer, Anja; Lochner, Benjamin - 2016
/DiNardo, 1991) or a matching model with on-the-job search and cyclical selection (Hagedorn/Manovskii, 2013). The data suggests that … (2013) für den deutschen Arbeitsmarkt befürwortet wird. Die Daten zeigen einerseits einen Zusammenhang zwischen der …
Persistent link: https://www.econbiz.de/10011544266
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History dependence in wages and cyclical selection : evidence from Germany
Bauer, Anja; Lochner, Benjamin - 2019
Using administrative employer-employee data from Germany, we investigate the relationship between wages and past and present labor market conditions. Furthermore, we revisit recent findings of greater wage cyclicality of new hires. Overall, we find strong evidence for history dependent wages,...
Persistent link: https://www.econbiz.de/10012027613
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History dependence in wages and cyclical selection : evidence from Germany
Bauer, Anja; Lochner, Benjamin - 2017 - Draft: October 2017
understanding unemployment fluctuations in matching models. …
Persistent link: https://www.econbiz.de/10011756338
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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 … tightness. Our model explains a large fraction of the matching efficiency decline during the Great Recession and generates state …
Persistent link: https://www.econbiz.de/10013185150
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Unvollkommene Arbeitsmärkte und Lohnrigiditäten
Pfeiffer, Friedhelm - In: Herausforderungen an den Wirtschaftsstandort …, (pp. 195-204). 2004
Persistent link: https://www.econbiz.de/10002041031
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A CGE analysis of the employment double dividend hypothesis : substitution patterns in production, foreign trade, labour market imperfections
Koschel, Henrike (contributor) - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001643420
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Labor Market Institutions and the Cost of Recessions
Krebs, Tom - 2017
This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance (JSA), on the output cost and welfare cost of recessions. The paper develops a tractable incomplete-market model with search unemployment, skill depreciation during unemployment,...
Persistent link: https://www.econbiz.de/10012956472
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Labor Market Institutions and the Cost of Recessions
Krebs, Tom - 2017
This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance (JSA), on the output cost and welfare cost of recessions. The paper develops a tractable incomplete-market model with search unemployment, skill depreciation during unemployment,...
Persistent link: https://www.econbiz.de/10012964065
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Labor Market Institutions and the Cost of Recessions
Krebs, Tom - 2017
This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance (JSA), on the output cost and welfare cost of recessions. The paper develops a tractable incomplete-market model with search unemployment, skill depreciation during unemployment,...
Persistent link: https://www.econbiz.de/10012966064
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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 …
Persistent link: https://www.econbiz.de/10011455340