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Italian labour frictions and wage rigidities in an estimated DSGE

Diwambuena, Josué; Fonseca, Raquel; Schubert, Stefan Franz - 2021

economic fluctuations across horizons. Second, matching efficiency and wage bargaining shocks are significant sources of …

Persistent link: https://www.econbiz.de/10012697886

Wage cyclicalities and labor market dynamics at the establishment level : theory and evidence

Merkl, Christian; Stüber, Heiko - 2016

with theory, establishments with more procyclical wage movements over the business cycle have a more countercyclical hires …

Persistent link: https://www.econbiz.de/10011574241

Matching Efficiency and Labour Market Heterogeneity in the United Kingdom

Pizzinelli, Carlo - 2017

This paper investigates how compositional changes in the UK labour market affect the matching process between vacancies … and job seekers. We augment a state space representation of the aggregate matching function with a measure of job seekers … developments in the literature. The baseline results show that matching efficiency declined by around 15% between 1995 and 2010 but …

Persistent link: https://www.econbiz.de/10012950327

The matching process : search or mismatch?

Gottfries, Nils; Stadin, Karolina - 2016

We examine the matching process using monthly panel data for local labour markets in Sweden. We find that an increase …

Persistent link: https://www.econbiz.de/10011568900

The matching process : search or mismatch?

Gottfries, Nils; Stadin, Karolina - 2017

We examine the matching process using monthly panel data for local labour markets in Sweden. We find that an increase …

Persistent link: https://www.econbiz.de/10011588051

Mismatch unemployment

Sahin, Aysegul; Song, Joseph; Topa, Giorgio; Violante, … - 2012

We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources...

Persistent link: https://www.econbiz.de/10009580898

Regional and sectoral evidence of the macroeconomic effects of labor reallocation : a panel data analysis

Bakas, Dimitrios; Panagiotidis, Theodore; Pelloni, Gianluigi - 2013

This paper re-examines Lilien's sectoral shifts hypothesis for U.S. unemployment. We employ a monthly panel that spans from 1990:01 to 2011:12 for 48 U.S. states. Panel unit root tests that allow for crosssectional dependence reveal the stationarity of unemployment. Within a framework that takes...

Persistent link: https://www.econbiz.de/10011730867

Institutions and structural unemployment : do capital-market imperfections matter?

Belke, Ansgar; Fehn, Rainer - 2001

This paper analyzes whether differences in institutional structures on capital markets contribute to explaining why some OECD-countries, in particular the Anglo-Saxon countries, have been much more successful over the last two decades in producing employment growth and in reducing unemployment...

Persistent link: https://www.econbiz.de/10011398923

Institutions and structural unemployment : do capital-market imperfections matter?

Belke, Ansgar; Fehn, Rainer - 2000 - Preliminary version

Persistent link: https://www.econbiz.de/10010495327

The Concept, Policy Use and Measurement of Structural Unemployment : Estimating a Time Varying NAIRU Across 21 OECD Countries

Richardson, Pete; Boone, Laurence; Giorno, Claude; … - 2000

The structural rate of unemployment and associated non-accelerating inflation rate of unemployment (the NAIRU) are of major importance to the analysis of macro and structural economic developments, although in practice these concepts are not well defined and there is considerable uncertainty and...

Persistent link: https://www.econbiz.de/10012444864