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What's "structural" about unemployment in Europe : on the determinants of the European Commission's NAIRU estimates

Heimberger, Philipp; Kapeller, Jakob; Schütz, Bernhard - 2016

This paper analyzes the determinants of the European Commission's NAIRU estimates for 14 European OECD countries during … 1985-2012. The NAIRU is a poor proxy for 'structural unemployment': Labor market institutions - employment protection … legislation, union density, tax wedge, minimum wages - underperform in explaining the NAIRU, while cyclical variables - capital …

Persistent link: https://www.econbiz.de/10011779361

Does it matter when labor market reforms are implemented? : the role of the monetary policy environment

Lastauskas, Povilas; Stakénas, Julius - 2019

Do labor market reforms initiated in periods of loose monetary policy yield different outcomes from those that were introduced in periods when monetary tightening prevailed? Since economic theory usually pays attention to the steady state change and ignores business cycle interactions of...

Persistent link: https://www.econbiz.de/10012103994

The case for a job guarantee policy in Germany : a political-economic analysis of the potential benefits and obstacles

Landwehr, Jannik J. - 2020

As a bottom-up approach, a Job Guarantee policy can tackle the issue of unemployment on the macroeconomic, socioeconomic, and individual level in a unique way and promote the social inclusion of the unemployed. This paper aims at analysing the potential obstacles - namely inflationary pressure...

Persistent link: https://www.econbiz.de/10012301007

Reforming the labor market and improving competitiveness : an analysis for Spain using FiMod

Schwarzmüller, Tim; Stähler, Nikolai - 2011

This paper uses an extended version of “FiMod – A DSGE Model for Fiscal Policy Simulations” (Stähler and Thomas, 2011) with endogenous job destruction decisions by private firms to analyze the effects of several currently discussed labor market reforms on the Spanish economy. The main...

Persistent link: https://www.econbiz.de/10009389750

Reforming the labor market and improving competitiveness : an analysis for Spain using FiMod

Schwarzmüller, Tim; Stähler, Nikolai - In: SERIEs : Journal of the Spanish Economic Association 4 (2013) 4, pp. 437-471

This paper uses an extended version of “FiMod—A DSGE Model for Fiscal Policy Simulations” (Stähler and Thomas Econ Model 29:239–261, 2012) with endogenous job destruction decisions by private firms to analyze the effects of several currently discussed labor market reforms on the Spanish...

Persistent link: https://www.econbiz.de/10010223397

Reforming the Labor Market and Improving Competitiveness : An Analysis for Spain Using Fimod

Schwarzmüller, Tim - 2016

This paper uses an extended version of 'FiMod - A DSGE Model for Fiscal Policy Simulations' (Stähler and Thomas, 2011) with endogenous job destruction decisions by private firms to analyze the effects of several currently discussed labor market reforms on the Spanish economy. The main focus is...

Persistent link: https://www.econbiz.de/10012991021

Does it Matter When Labor Market Reforms are Implemented? The Role of the Monetary Policy Environment

Lastauskas, Povilas - 2019

Persistent link: https://www.econbiz.de/10012861428

(Full) Employment Policy : Theory and Practice

Papadimitriou, Dimitri B. - 1999

Although the U.S. unemployment rate in 1998 was at its lowest level since the late 1960s, the nation's employment problem is still far from solved. Although many economists assume that unemployment tends toward a natural rate below which it cannot go without creating inflation, this paper asks...

Persistent link: https://www.econbiz.de/10014203609

Full employment : a survey of theory, empirics and policies

Lichtenberger, Andreas; Heimberger, Philipp; Arsenev, … - 2024

The concept of full employment is associated with diverse economic, political and social aspects. We provide a survey of theory, empirics and policy issues related to full employment. We make a novel contribution by tying together multi-dimensional aspects of full employment regarding...

Persistent link: https://www.econbiz.de/10014541848

Job creation in tight and slack labor markets

Buchheim, Lukas; Watzinger, Martin; Wilhelm, Matthias - 2019

Do investment programs create more jobs in tight or in slack labor markets? We study this question using data from a large, long-term photovoltaic invest scheme in Germany. Comparing counties with high and low unemployment both over time and across space, we find that photovoltaic installations...

Persistent link: https://www.econbiz.de/10012033285

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