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This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the United States. The contribution is twofold. First, we provide an update of older U.S. studies and confirm the view that the extensive margin (i.e., the adjustment in the number...
Persistent link: https://www.econbiz.de/10003929206
This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment …
Persistent link: https://www.econbiz.de/10003775079
these two features combined generate an equilibrium comovement between matches on the one hand and unemployment and …
Persistent link: https://www.econbiz.de/10010248216
This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment …
Persistent link: https://www.econbiz.de/10003414301