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Characteristics of unemployment dynamics: The chain reaction approach
Karanassou, Marika; Snower, Dennis J. - 2007
The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...
Persistent link: https://www.econbiz.de/10010293972
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Interaction between Supply and Demand Shocks in Production and Employment
den Butter, F.A.G.; Koopman, S.J. - 1997
A major aim of recent empirical modelling of the business cycle isto identify the relative importance of aggregate supply and demandshocks. Supply or technology shocks are associated with permanent(structural) effects on economic activity whereas demand shocks arerelated to temporary (cyclical)...
Persistent link: https://www.econbiz.de/10010324404
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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,...
Persistent link: https://www.econbiz.de/10010262548
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Transatlantic differences in labour markets changes in wage and non-employment structures in the 1980s and the 1990s
Puhani, Patrick A. - 2005
Rising wage inequality in the U.S. and Britain and rising continental European unemployment have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the unskilled, combined with flexible wages in the Anglo-Saxon...
Persistent link: https://www.econbiz.de/10010266860
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Capital deepening and wage differentials: Germany vs. US
Koeniger, Winfried; Leonardi, Marco - 2006
Capital deepening may affect the evolution of the wage differential between skilled and unskilled workers differently in countries with different labor market institutions. If labor market institutions raise the relative wage of unskilled workers in Germany, firms have incentives to invest...
Persistent link: https://www.econbiz.de/10010267684
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Structural revolution: The interaction of product and labor markets
Schettkat, Ronald - In: Intereconomics 36 (2001) 1, pp. 34-43
Persistent link: https://www.econbiz.de/10010271593
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Characteristics of unemployment dynamics: The chain reaction approach
Karanassou, Marika; Snower, Dennis J. - 2000
The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...
Persistent link: https://www.econbiz.de/10010273099
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Globalisation, wage adjustment, and unemployment: An empirical analysis based on the factor price frontier
Hornung, Dietmar; Schimmelpfennig, Axel; Wapler, Rüdiger - 1997
We investigate the effects of globalisation on the labour market using the factor price frontier. The factor price frontier defines a negative relationship between the real rate of return and the real wage rate. As international capital mobility equalises the real rate of return in all...
Persistent link: https://www.econbiz.de/10010275285
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Deutsche Wirtschaft noch in der Defensive: Aber erste Anzeichen für ein Ende des Abschwungs
Drygalla, Andrej; Exß, Franziska; Heinisch, Katja; … - In: Konjunktur aktuell 12 (2024) 2, pp. 34-90
rechnen. Für Deutschland vermehren sich in der ersten Jahreshälfte 2024 die Anzeichen für eine konjunkturelle Besserung. Dank …
Persistent link: https://www.econbiz.de/10014583755
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Deutschland in der Stagnation festgefahren: Privater Konsum weiter unter dem Niveau von vor der Pandemie
Drygalla, Andrej; Exß, Franziska; Heinisch, Katja; … - In: Konjunktur aktuell 12 (2024) 1, pp. 1-31
Gewerbes und industriepolitische Maßnahmen in den USA und in China, welche europäische Anbieter benachteiligen. Deutschland … Wirtschaftszweige ist deutlich rückläufig. Aber auch allgemeine Sorgen um die Wettbewerbsfähigkeit des Standorts Deutschland drücken die … Ausgabenneigung von Haushalten und Unternehmen. Was die Konjunktur stützt, ist der recht robuste Arbeitsmarkt. Der jüngste Anstieg der …
Persistent link: https://www.econbiz.de/10014583760