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Beyond Okun's law : output growth and labor market flows
Lim, Guay C.; Dixon, Robert J.; Ours, Jan C. van - 2018
This paper studies the relationship between the change in the unemployment rate and output growth using an approach …
Persistent link: https://www.econbiz.de/10011940045
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The effect of shocks to labour market flows on unemployment and participation rates
Dixon, Robert J.; Lim, Guay C.; Ours, Jan C. van - 2014
interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10010360089
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The effect of shocks to labour market flows on unemployment and participation rates
Dixon, Robert J.; Lim, Guay C.; Ours, Jan C. van - 2014
This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...
Persistent link: https://www.econbiz.de/10010361496
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Does the recent success of some OECD countries in lowering their unemployment rates lie in the clever design of their labour market reforms?
Belot, Michèle; Ours, Jan C. van - 2000
unemployment is affected by different labour market institutions (LMI) such as labour taxes, unemployment benefits, employment …The development of the unemployment rate differs substantially between OECD countries. In recent years some countries … experienced a mild increase, other countries had a stable unemployment rate, while there are also 'successful' countries in which …
Persistent link: https://www.econbiz.de/10011326419
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Another economic miracle? : the German labor market and the great recession
Rinne, Ulf; Zimmermann, Klaus F. - In: IZA journal of labor policy 1 (2012), pp. 1-21
Germany’s labor market responded only mildly to the Great Recession. Important factors for this development include the strong economic position due to recent labor market reforms, the crisis affecting mainly export-oriented companies, the extension of short-time work, time buffers due to...
Persistent link: https://www.econbiz.de/10009686542
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Reflections on wage-setting
Zimmermann, Klaus F. - 2018
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
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Big data and unemployment analysis
Bratu, Mihaela; Zimmermann, Klaus F. - 2017
unemployment by means of internet activity data, a literature starting with the seminal article of Askitas and Zimmermann (2009a …
Persistent link: https://www.econbiz.de/10012114391
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Another Economic Miracle? The German Labor Market and the Great Recession
Rinne, Ulf; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2011
The mild response of the German labor market to the worst global recession in post-war history appears as an economic miracle. In response to the crisis, Germany has shown to be a strong case of internal flexibility. We argue that important factors that have contributed to this development...
Persistent link: https://www.econbiz.de/10009416929
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Making Work Pay for the Elderly Unemployed: Evaluating Alternative Policy Reforms for Germany
Haan, Peter; Steiner, Viktor - 2006
We evaluate three policy reforms targeted at older unemployed people: (i) an hourly wage subsidy, (ii) an in-work credit, and (iii) a subsidy of social security contributions on low wages. The work incentive, labour supply and welfare effects of these hypothetical reforms are analysed on the...
Persistent link: https://www.econbiz.de/10010274092
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Is Germany the North Star of labor market policy?
Rinne, Ulf; Zimmermann, Klaus F. - 2013
Germany's recovery from an unemployment disease and its resilience to the Great Recession is remarkable. Its success …
Persistent link: https://www.econbiz.de/10010293117