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Wage rigidities in Western Germany? : microeconometric evidence from the 1990s
Puhani, Patrick A. - 2001
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10011446629
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Wage rigidities in Western Germany? : microeconometric evidence from the 1990s
Puhani, Patrick A. - 2001
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10011403026
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Wage Rigidities in Western Germany? Microeconometric Evidence from the 1990s
Puhani, Patrick A. - 2021
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10013320864
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Wage Rigidities in Western Germany? Microeconometric Evidence from the 1990s
Puhani, Patrick A. - 2008
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10014099100
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Ausmaß und reale Konsequenzen nach unten starrer Nominallöhne : eine Untersuchung für den deutschen Arbeitsmarkt
Bläs, Barno - 2008
; equilibrium unemployment ; inflation target ; Phillips curve ; Lucas critique ; Germany … Abwärtsnominallohnstarrheit vom inflationären Umfeld selbst abhängt und in Phasen mit niedriger Inflation sinkt. -- nominal wage rigidity …
Persistent link: https://www.econbiz.de/10009746167
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Testing for asymmetry in British, German and US unemployment data
Kohns, Stephan - 2001
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This …
Persistent link: https://www.econbiz.de/10011403213
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Identifying the Role of Labor Markets for Monetary Policy in an Estimated DSGE Model
Christoffel, Kai Philipp - 2016
wages and labor market shocks feed into the inflation process and derive monetary policy implications. Towards that aim, we … structurally model matching frictions and rigid wages in line with an optimizing rationale in a New Keynesian closed economy DSGE …
Persistent link: https://www.econbiz.de/10012991186
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Identifying the Role of Labor Markets for Monetary Policy in an Estimated DSGE Model
Christoffel, Kai Philipp; Kuester, Keith; Linzert, Tobias - 2021
wages and labor market shocks feed into the inflation process and derive monetary policy implications. Towards that aim, we … structurally model matching frictions and rigid wages in line with an optimizing rationale in a New Keynesian closed economy DSGE …
Persistent link: https://www.econbiz.de/10013317584
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Testing for parameter stability in DSGE models : the case of France, Germany, Italy, and Spain
Jerger, Jürgen; Röhe, Oke - 2012
We estimate a New Keynesian DSGE model on French, German, Italian, and Spanish data. The main aim of this paper is to check for the respective sets of parameters that are stable over time, making use of the ESS procedure ("Estimate of Set of Stable parameters") developed by Inoue and Rossi...
Persistent link: https://www.econbiz.de/10009571531
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The German labor market during the Great Recession : shocks and institutions
Gehrke, Britta; Lechthaler, Wolfgang; Merkl, Christian - 2017
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/10011634724