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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/10011447703

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/10013189091

Decomposing the large firm wage premium in Germany

Lochner, Benjamin; Seth, Stefan; Wolter, Stefanie - 2020

We use an extensive, matched employer-employee dataset to analyze the employersize wage relation and its contribution to wage inequality in Germany. Applying models with additive fixed effects for workers and establishments, we document that the large firm wage premium, which has risen over 25...

Persistent link: https://www.econbiz.de/10012173169

Digging into the digital divide: Workers' exposure to digitalization and its consequences for individual employment

Genz, Sabrina; Schnabel, Claus - 2021

firms, and differences in days in unemployment are small. We also document substantial heterogeneities in the employment …

Persistent link: https://www.econbiz.de/10012605228

Wage and employment cyclicalities at the establishment level

Merkl, Christian; Stüber, Heiko - 2023

Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics of macroeconomic models, there is little empirical evidence on this topic. We use the German AWFP dataset to document that wage cyclicalities are very heterogeneous across...

Persistent link: https://www.econbiz.de/10014417641

Incomplete insurance and open-economy spillovers of labor market reforms

Hochmuth, Brigitte; Merkl, Christian; Stüber, Heiko - 2024

This paper shows that less generous unemployment benefits in one country may generate substantial negative long …-run consumption spillovers to non-reforming countries under incomplete consumption insurance. While lower benefits reduce unemployment …'s tradable sector in the aftermath of the Hartz unemployment insurance reform based on firm-level data. Our quantitative model …

Persistent link: https://www.econbiz.de/10014556416

Labor selection over the business cycle: An empirical assessment

Hochmuth, Brigitte; Gartner, Hermann; Kohlbrecher, Britta; … - 2016

, and national level and show that it is negatively correlated with unemployment. In addition, panel estmations reveal a …

Persistent link: https://www.econbiz.de/10011447702

History dependence in wages and cyclical selection: Evidence from Germany

Bauer, Anja; Lochner, Benjamin - 2019

match quality, we find that wages of new hires from unemployment are no more cyclical, but those of job changers are more …

Persistent link: https://www.econbiz.de/10012028068

History dependence in wages and cyclical selection: Evidence from Germany

Bauer, Anja; Lochner, Benjamin - 2017

-employee matches, we also find no excess wage cyclicality for new hires from unemployment - the key worker type's wage for … understanding unemployment fluctuations in matching models. …

Persistent link: https://www.econbiz.de/10011761053

A note on recruiting intensity and hiring practices: Cross-sectional and time-series evidence

Lochner, Ben; Merkl, Christian; Stüber, Heiko; … - 2019

Using the IAB Job Vacancy Survey for Germany, we look into the black box of recruiting intensity and hiring practices. Our paper shows three important channels for hiring, namely vacancy posting, the selectivity of hiring (labor selection), and the number of search channels. While vacancy...

Persistent link: https://www.econbiz.de/10012103396