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Bozani, Vasiliki; Drydakis, Nick - 2011

, phenomena, and history. Given the key role that the Non-Accelerating Inflation Rate of Unemployment (NAIRU) has in the …, identifying methodological strengths and the weaknesses in the body of the macroeconomic research about the concept of NAIRU. In … synthesizing quantitative literature. -- NAIRU ; macroeconomic policies …

Persistent link: https://www.econbiz.de/10009516873

Experimental labor markets and policy considerations : incomplete contracts and macroeconomic aspects

Casoria, Fortuna; Riedl, Arno - 2012

This survey focuses on experimental labor markets investigating two aspects that deem us important for a better understanding of labor market relations and the consequences for labor market policies. The first part of the survey is dedicated to papers that assess the prevalence of reciprocal...

Persistent link: https://www.econbiz.de/10009683305

On the introduction of firing costs

Ahrens, Steffen; Wesselbaum, Dennis - 2009

This paper provides a survey of the recent literature about firing costs and discusses the transmission channels of firing costs in a partial equilibrium context. In addition, we expand our analysis two types of firing costs in a New Keynesian model with purely endogenous separations. We further...

Persistent link: https://www.econbiz.de/10003884839

Active labor market programs : employment gain or fiscal drain?

Brown, Alessio J. G.; Koettl, Johannes - 2012

This paper provides a new perspective by classifying active labor market programs (ALMPs) depending on their main objectives and their relevance and cost-effectiveness during normal times, during a crisis, and during recovery. We distinguish ALMPs that provide: (i) incentives for retaining...

Persistent link: https://www.econbiz.de/10009629027

Active labor market programs employment gain or fiscal drain?

Brown, Alessio J. G.; Köttl, Johannes - 2012

This paper provides a new perspective in classifying ALMPs depending on their main objective, also in light of their relevance and cost-effectiveness during normal times, during a crisis, and during recovery. We distinguish ALMPs that provide incentives for retaining employment, incentives for...