Similar Search Results

Labor disruption costs and real wages cyclicality

Cervini-Plá, María; Silva, José I.; … - 2012

In this paper, we propose a matching and search model with adjustment costs in the form of labor disruption charges that can generate counter-cyclical real wages. Empirically, we use a measure of wage cyclicality based on the generalized impulse response function of real wages to a shock in a...

Persistent link: https://www.econbiz.de/10015234459

Labor Force Participation Dynamics

Epstein, Brendan - 2018

unemployment. This guidance is important, as it helps reveal that the cyclical behavior of job vacancies explains a considerable …

Persistent link: https://www.econbiz.de/10015261481

Short-time work in search and matching models: Evidence from Germany during the Covid-19 crisis

Peltonen, Juho - 2023

This paper estimates the extent to which unemployment in Germany would have been increased during the Covid-19 … counterfactual model without STW, show that the German unemployment rate would have been 4.2 percentage points higher without the … in stabilizing unemployment fluctuations over business cycles. …

Persistent link: https://www.econbiz.de/10015271019

Labor Market Rigidity and Business Cycle Volatility

Jung, Philip; Kuhn, Moritz - 2011

differences: (1) transition rates from unemployment to employment (UE) were lower by a factor of 5 and inflow rates from … employment to unemployment (EU) were lower by a factor of 4 in Germany. (2) The volatility of the UE rate was equal but the EU … rate was 2.3 times more volatile in Germany. (3) In Germany EU flows contributed 60 − 70% to the unemployment volatility …

Persistent link: https://www.econbiz.de/10015238262

Small Versus Large Firms Employment Patterns in Finland: a Comparison.

Fornaro, Paolo; Luomaranta, Henri - 2015

In this paper, we use monthly employment data of Finnish firms to examine the differences in the employment behavior between big and small enterprises. In particular, we investigate which size class of firms has been growing more, which one has been the driver of net job creation and finally...

Persistent link: https://www.econbiz.de/10015249249

The benefits of stabilization policies revisited

D'Orlando, Fabio; Ferrante, Francesco - 2015

stressed by behavioural economics and which are correlated with the number of unemployment episodes. We refer here to the …

Persistent link: https://www.econbiz.de/10015249473

Job Creation and the Role of Dependencies

Fornaro, Paolo; Luomaranta, Henri - 2016

We contribute to the large literature on the relation between firm size and job creation by examining the effects of dependences between enterprises. Using Finnish monthly data encompassing the population of Finnish private businesses, we calculate gross job creation and destruction, together...

Persistent link: https://www.econbiz.de/10015252009

Introduzione allo studio dei modelli di "matching" del mercato del lavoro

Lisi, Gaetano - 2010

policies and to study the problem of unemployment. These notes mean to provide an exhaustive introduction to the study of the …

Persistent link: https://www.econbiz.de/10015221576

Replacement Rates and Long-Term Outcomes after Job Displacement

Barnette, Justin - 2020

The goal of this paper is to provide a bridge between the job displacement literature that uses long time panel data and similar work with a limited panel. This paper finds that a worker needs to replace 120% of their predisplacement income in the first two years after the event to avoid a...

Persistent link: https://www.econbiz.de/10015221729

Governance & Economic Growth

Punabantu, Siize - 2010

This paper looks at some of the fundamental ideas in contemporary economics such as the basic economic problem, opportunity cost and allocation a person is expected to encounter when they are first introduced to economic theory. It attempts to explain how the manner in which these concepts are...

Persistent link: https://www.econbiz.de/10015223765