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New Technologies and Jobs in Europe
Albanesi, Stefania; Silva, António Dias da; Jimeno, Juan F. - National Bureau of Economic Research - 2023
We examine the link between labour market developments and new technologies such as artificial intelligence (AI) and software in 16 European countries over the period 2011- 2019. Using data for occupations at the 3-digit level in Europe, we find that on average employment shares have increased...
Persistent link: https://www.econbiz.de/10014322745
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011455340
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016 - First version: April 2015. This version: February 2016
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011444082
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016 - This Version: February 2016
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011447126
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2022
This paper shows that a search and matching model with idiosyncratic training cost shocks can explain the asymmetric movement of the job-finding rate over the business cycle and the decline of matching efficiency in recessions. Large negative aggregate shocks move the hiring cutoff into a part...
Persistent link: https://www.econbiz.de/10013185150
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Accounting for Changes in the Spanish Wage Distribution : The Role of Employment Composition Effects
Carrasco, Raquel - 2011
Despite a rapid decrease in unemployment and strong GDP and employment growth, real wages barely increased in Spain …
Persistent link: https://www.econbiz.de/10013120495
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The inflation-output tradeoff: which type of labor market rigidity is to be blamed?
Merkl, Christian - 2009
In the standard New Keynesian sticky price model the central bank faces no contradiction between the stabilization of inflation and the stabilization of the welfare relevant output gap after a productivity shock hits the economy. When the standard model is enhanced by real wage rigidities or...
Persistent link: https://www.econbiz.de/10010277953
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Macroeconomic volatilities and the labor market: First results from the euro experiment
Merkl, Christian; Schmitz, Tom - 2010
. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … theory. While labor market institutions have a large effect on output volatility, they do not seem to have much of an effect …
Persistent link: https://www.econbiz.de/10010277963
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East German unemployment: the myth of the irrelevant labor market
Merkl, Christian; Snower, Dennis J. - 2008
This paper indicates that East Germany's unemployment originates primarily in the labor market, caused by the fast wage …
Persistent link: https://www.econbiz.de/10010277978
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Macroeconomic Volatilities and the Labor Market:First Results from the Euro Experiment
Merkl, Christian; Schmitz, Tom - Institut zur Zukunft der Arbeit <Bonn> - 2010
use a New Keynesian model with unemployment to predict the effects ofdifferent labor market institutions on macroeconomic …This paper analyzes the effects of different labor market institutions on inflation and outputvolatility. The eurozone … labor market institutions have a large effect on output volatility, they donot seem to have much of an effect on inflation …
Persistent link: https://www.econbiz.de/10009360591