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How Do Firms Adjust their Wage Bill in Belgium? A Decomposition Along the Intensive and Extensive Margins

Fuss, Catherine - 2021

points up the role of overtime hours, temporary unemployment and interim workers in adapting to short-run fluctuations …

Persistent link: https://www.econbiz.de/10013316634

How do firms adjust their wage bill in Belgium? A decomposition along the intensive and extensive margins

Fuss, Catherine - 2008

points up the role of overtime hours, temporary unemployment and interim workers in adapting to short-run fluctuations. …

Persistent link: https://www.econbiz.de/10011604900

Inflation Dynamics with Labour Market Matching : Assessing Alternative Specifications

Christoffel, Kai; Costain, James; De Walque, Gregory; … - 2010

This paper reviews recent approaches to modeling the labour market and assesses their implications for inflation dynamics through both their effect on marginal cost and on price-setting behaviour. In a search and matching environment, we consider the following modeling setups: right-to-manage...

Persistent link: https://www.econbiz.de/10014208182

Rigid labour compensation and flexible employment? Firm-level evidence with regard to productivity for Belgium

Fuss, Catherine; Wintr, Ladislav - 2009

Using firm-level data for Belgium over the period 1997-2005, we evaluate the elasticity of firms' labour and real average labour compensation to microeconomic total factor productivity (TFP). Our results may be summarised as follows. First, we find that the elasticity of average labour...

Persistent link: https://www.econbiz.de/10011605067

Rigid Labour Compensation and Flexible Employment? Firm-Level Evidence with Regard to Productivity for Belgium

Fuss, Catherine - 2010

Using firm-level data for Belgium over the period 1997-2005, we evaluate the elasticity of firms' labor and real average labor compensation to microeconomic total factor productivity (TFP). Our results may be summarized as follows. First, we find that the elasticity of average labor compensation...

Persistent link: https://www.econbiz.de/10012757913

Asymmetric Wage Adjustment and Employment in European Firms

Marotzke, Petra - 2017

We explore the impact of wage adjustment on employment with a focus on the role of downward nominal wage rigidities. We use a harmonised survey dataset, which covers 25 European countries in the period 2010-2013. These data are particularly useful for this paper given the firm-level information...

Persistent link: https://www.econbiz.de/10012945757

Part-time work in EU countries: labour market mobility, entry and exit

Buddelmeyer, Hielke; Mourre, Gilles; Ward-Warmedinger, … - 2005

regression controlling for individual heterogeneity, and the comparison of results for Europe and the US, reveals that a …

Persistent link: https://www.econbiz.de/10011604506

Labor Market Institutions and the Business Cycle : Unemployment Rigidities vs. Real Wage Rigidities

Abbritti, Mirko - 2010

This paper investigates the importance of labor market institutions for inflation and unemployment dynamics. Using the … Unemployment Rigidities (UR) and those that cause Real Wage Rigidities (RWR). The two types of institutions have opposite effects … and their interaction is crucial for the dynamics of inflation and unemployment. We estimate a panel VAR with …

Persistent link: https://www.econbiz.de/10013144855

Macroeconomic Stabilisation Properties of a Euro Area Unemployment Insurance Scheme

Kaufmann, Christoph - 2020

supranational unemployment insurance scheme. The model is calibrated to the euro area's core and periphery and features a rich …-regional correlation of unemployment and inflation increases by up to 52% and 27%, respectively, compared to the decentralised setting. The …

Persistent link: https://www.econbiz.de/10012830081

Public and Private Sector Wages Interactions in a General Equilibrium Model

Fernández de Córdoba, Gonzalo - 2012

This paper develops a dynamic general equilibrium model in which the public and the private sector interact in the labor market. Previous studies that analyze the labor market effects of public sector employment and wages have mostly assumed exogenous rules for public wage and public employment....

Persistent link: https://www.econbiz.de/10013116749