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Cycles versus trends : the effects of economic growth on earnings in Bolivia
Muriel Hernández, Beatriz; Vera Cossio, Horacio - 2015
This paper analyzes the effects of economic growth on labor earnings in Bolivia during 1999-2012. More precisely, we … develop a labor market model to capture both cycle and trend effects of prices, and production on earnings, which is estimated … econometrically using pseudo-panel data methods. The results show that labor earnings have had a pro-cyclical behavior. In particular …
Persistent link: https://www.econbiz.de/10011333626
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The Cyclical Behavior of Wages and Profits Under Imperfect Competition
Ambler, Steve; Cardia, Emanuela - 1998
We build a simple dynamic model of the business cycle with monopolistically competitive firms. With simple assumptions concerning firm entry and exit, the model can explain some important stylized facts of the business cycle which standard real business cycle models with perfect competition...
Persistent link: https://www.econbiz.de/10014108107
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Classification of German business cycles using monthly data
Heilemann, Ullrich; Münch, Heinz Josef - 2001
The recent renaissance of business cycle analysis has led to a renewed interest in business cycle classification as pioneered by Burns/Mitchell, Spiethoff and resumed in the seventies by Meyer/Weinberg (1975a, b). The rather successful elaboration and test of a “modern” four-phase...
Persistent link: https://www.econbiz.de/10010316691
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Classification of German business cycles using monthly data
Heilemann, Ullrich; Münch, Heinz Josef - Institut für Wirtschafts- und Sozialstatistik, … - 2001
The recent renaissance of business cycle analysis has led to a renewed interest in business cycle classification as pioneered by Burns/Mitchell, Spiethoff and resumed in the seventies by Meyer/Weinberg (1975a, b). The rather successful elaboration and test of a “modern” four-phase...
Persistent link: https://www.econbiz.de/10010982406
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On the Evolution of German Business Cycles 1958-2004 Results of a Dynamic Linear Discriminant Analysis
Heilemann, Ullrich; Schuhr, Roland - In: Journal of Economics and Statistics (Jahrbuecher fuer … 228 (2008) 1, pp. 84-109
This paper examines changes of the (West) German business cycle from 1958 to 2004. It starts with a multivariate linear discriminant analysis (LDA) based decomposition of the cycle into 4 phases (upswing, upper turning point, downswing, lower turning point). After examining intercyclical changes...
Persistent link: https://www.econbiz.de/10005272955
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Classification of German business cycles using monthly data
Heilemann, Ullrich; Münch, Heinz Josef - 2001
Persistent link: https://www.econbiz.de/10001602453
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Classifying US business cycles 1948 to 1997 : Meyer/Weinberg revisited
Heilemann, Ullrich; Münch, Heinz Josef - 2002
Persistent link: https://www.econbiz.de/10001742190
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Cyclical Labor Market Policy Adjustments Under Wage Bargaining
Jung, Euiyoung - 2021
This paper analyzes the optimal cyclical behavior of labor market policies in an economy with asset and labor market frictions. The policies of interest include unemployment insurance (UI) and employment protection (EP). In addition to their supply-side effects, labor market policies affect the...
Persistent link: https://www.econbiz.de/10013216404
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Classifying US business cycles 1948 to 1997: Meyer/Weinberg revisited
Heilemann, Ullrich; Münch, Heinz Josef - 2002
Persistent link: https://www.econbiz.de/10009772062
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Classification of German business cycles using monthly data
Heilemann, Ullrich; Münch, Heinz Josef - 2001
The recent renaissance of business cycle analysis has led to a renewed interest in business cycle classification as pioneered by Burns/Mitchell, Spiethoff and resumed in the seventies by Meyer/Weinberg (1975a, b). The rather successful elaboration and test of a “modern” four-phase...
Persistent link: https://www.econbiz.de/10009779496