fiscal shocks and non-fiscal shocks on the gender composition of employment. We show that contractionary non-fiscal shocks … lead to man-cessions, i.e. employment falls and more strongly so for men. By contrast, an expansionary fiscal shock … predominantly raises the employment of women. Taken together, these results imply a trade-off dilemma for policy that seeks to …

There is a wide literature on the dynamic adjustment of employment and its relationship with the business cycle. Our …. Output, employment, labour supply and real earnings are found to have a common cyclical component. The long run dynamics are …

the US and Japan based on an output-employment MS vector equilibrium correction model, and a structural break in the …

There is a wide literature on the dynamic adjustment of employment and its relationship with the business cycle. In … the phase of the business cycle. Output, employment, labour supply and real earnings are found to have a common cyclical …

answer to the question: with flexible prices, the system is forever tending to full employment, full-capacity equilibrium …

A particular challenge for the macroeconomic models is their inability to match the joint dynamics of employment, wage … which amplifies the responses of employment and output to exogenous shocks. Our model, consistent with the implications of … : First, we get considerable improvements for the employment, wage and output volatilities in response to technology and …

vector autoregressive Markov-switching model is found to be a congruent representation of post-war US employment and output … data. In this model some parameters change according to the phase of the business cycle which effects employment and output … simultaneously. The long run dynamics are characterized by a cointegrating vector including employment, output and a trend as a proxy …

The object of this paper is the analysis of the effects of labour market institutions on the employment dynamics over …