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 …

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 …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … and inflation volatility ; labor turnover costs ; unemployment benefits ; unemployment ; eurozone …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …

of tighter regulation and labor law in Austria. …

In this paper, we analyze the connection between value added, wages, and labor market ows at the establishment level … empirical analysis, we link the new German Administrative Wage and Labor Market Flow Panel (AWFP) dataset to the IAB … equilibrium reaction is an important driver for aggregate labor market dynamics. …