Similar Search Results

Consumption Smoothing and the Structure of Labor and Credit Markets

Bertola, Giuseppe; Koeniger, Winfried - 2004

Smoother labor incomes alleviate credit constraints by reducing workers' desire to borrow, and prospects of upward income mobility have smaller beneficial effects for currently poor workers when borrowing constraints are binding. These simple theoretical insights are consistent with the...

Persistent link: https://www.econbiz.de/10010261817

Did political constraints bind during transition? Evidence from Czech elections 1990 - 2002

Doyle, Orla; Walsh, Patrick Paul - 2005

Many theoretical models of transition are driven by the assumption that economic decision making is subject to political constraints. In this paper we empirically test whether the winners and losers of economic reform determined voting behaviour in the first five national elections in the Czech...

Persistent link: https://www.econbiz.de/10010267641

Collective Bargaining Systems and Macroeconomic and Microeconomic Flexibility: The Quest for Appropriate Institutional Forms in Advanced Economies

Addison, John T. - 2015

This paper addresses the design of the machinery of collective bargaining from the perspective of the needs of microeconomic and macroeconomic flexibility. In the former context, greater attention is given over to enterprise flexibility than external adjustment. In the latter context, close...

Persistent link: https://www.econbiz.de/10011420762

Studying the NAIRU and its implications

Bozani, Vasiliki; Drydakis, Nick - 2011

, phenomena, and history. Given the key role that the Non-Accelerating Inflation Rate of Unemployment (NAIRU) has in the …

Persistent link: https://www.econbiz.de/10010282611

Did Political Constraints Bind During Transition? Evidence from Czech Elections 1990-2002

Doyle, Orla; Walsh, Patrick Paul - Institute for the Study of Labor (IZA) - 2005

Persistent link: https://www.econbiz.de/10005822490

Consumption Smoothing and the Structure of Labor and Credit Markets

Bertola, Giuseppe; Koeniger, Winfried - Institute for the Study of Labor (IZA) - 2004

Persistent link: https://www.econbiz.de/10005700925

Studying the NAIRU and its Implications

Bozani, Vasiliki; Drydakis, Nick - Institute for the Study of Labor (IZA) - 2011

, phenomena, and history. Given the key role that the Non-Accelerating Inflation Rate of Unemployment (NAIRU) has in the …

Persistent link: https://www.econbiz.de/10009371888

A search model of unemployment and inflation

Lehmann, Etienne - 2006

money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal …

Persistent link: https://www.econbiz.de/10010267772

Wages and Employment in the Netherlands, 2017-2023

Klinker, Iris; ter Weel, Bas - 2024

estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …

Persistent link: https://www.econbiz.de/10015045497

Sind Nominallöhne starr? Neuere Evidenz und wirtschaftspolitische Implikationen

Beissinger, Thomas; Knoppik, Christoph - 2003

Bei Vorliegen nach unten starrer Nominallöhne erschwert niedrige Inflation Reallohnanpassungen und führt so … Auswirkungen bei sehr niedriger Inflation nicht zu vernachlässigen sind. Die Ergebnisse dieser Literatur sollten daher bei der …In the presence of downwardly rigid nominal wages, low inflation may lead to higher equilibrium unemployment by …

Persistent link: https://www.econbiz.de/10010261537