reducing unemployment leads to industrialised countries offering financial support to unemployed job seekers when searching for …

establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow … cyclicalities of all establishments to the one of the most procyclical establishments, labor market volatilities drop by more than …

standard model is enhanced by real wage rigidities or labor turnover costs, an endogenous short-run inflation-output tradeoff … arises. This paper compares the implications of the two labor market rigidities. It argues that economists and policymakers … alike should pay more attention to labor turnover costs for the following reasons. First, a model with labor turnover costs …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … could account for volatility differences across member states, but labor market characteristics have remained very diverse …

In many European countries, labor markets are characterized by high regional disparities in terms of unemployment rates … active labor market policy offers a subsidy covering moving costs to incentivize unemployed job seekers to search/accept jobs … subsidy on participants' prospective labor market outcomes. We use an instrumental variable approach to take endogenous …

real wage rigidities. -- Monetary policy ; real wage rigidity ; labor turnover costs ; unemployment ; tradeoff … standard model is enhanced by real wage rigidities or labor turnover costs, an endogenous short-run inflation-output tradeoff … arises. This paper compares the implications of the two labor market rigidities. It argues that economists and policymakers …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … could account for volatility differences across member states, but labor market characteristics have remained very diverse …