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Assessing the empirical relevance of Walrasian labor frictions to business cycle fluctuations

Madeira, Joao - Business School, University of Exeter - 2013

This paper describes and estimates (with a Bayesian likelihood approach) an otherwise standard dynamic stochastic general equilibrium model, with both sticky prices and wages, augmented with several labor market rigidities (of a Walrasian nature), namely: indivisible labor, predetermined...

Persistent link: https://www.econbiz.de/10010883472

European Union Economy System Dynamic Model Development

Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2012

The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...

Persistent link: https://www.econbiz.de/10011259562

What Affects the Employment Rate Intensity of Growth?

Revenga, A.L.; Bentolila, S. - 1995

Persistent link: https://www.econbiz.de/10005774251

What Affects the Employment Rate Intensity of Growth?

Revenga, Ana L.; Bentolila, Samuel - Banco de España - 1995

Persistent link: https://www.econbiz.de/10005590691

Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations?

Gali, J. - C.V. Starr Center for Applied Economics, Department of … - 1996

Using data for the G7 countries, I estimate conditional correlations of employment and productivity, based on a decomposition of the two series into technology and non-technology components.

Persistent link: https://www.econbiz.de/10005611777

Countercyclical recruiting rates and the value of jobs

Yashiv, Eran - 2015

U.S. CPS gross flows data indicate that in recessions firms actually increase their hiring rates from the pools of the unemployed and out of the labor force. Why so? The paper provides an explanation by studying the optimal recruiting behavior of the representative firm. This behavior is a...

Persistent link: https://www.econbiz.de/10011346601

The geography of job creation and job destruction

Kuhn, Moritz; Manovskii, Iourii; Qiu, Xincheng - 2021

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job …

Persistent link: https://www.econbiz.de/10012651396

Minimum wage increases and vacancies

Kudlyak, Marianna; Tasci, Murat; Tüzemen, Didem - 2022

percent increase in the state-level effective minimum wage reduces vacancies by 2.4 percent in the same quarter, and the … cumulative effect is as large as 4.5 percent a year later. The negative effect on vacancies is more pronounced for occupations …. We argue that our focus on vacancies versus on employment has a distinct advantage of highlighting a mechanism through …

Persistent link: https://www.econbiz.de/10013187552

Minimum wage increases and vacancies

Kudlyak, Marianna; Tasci, Murat; Tüzemen, Didem - 2022

percent increase in the statelevel effective minimum wage reduces vacancies by 2.4 percent in the same quarter, and the … cumulative effect is as large as 4.5 percent a year later. The negative effect on vacancies is more pronounced for occupations …. We argue that our focus on vacancies versus on employment has a distinct advantage of highlighting a mechanism through …

Persistent link: https://www.econbiz.de/10013192234

The geography of job creation and job destruction

Kuhn, Moritz; Manovskii, Iourii; Qiu, Xincheng - 2021

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job …

Persistent link: https://www.econbiz.de/10012663064