(Real Business Cycle) economists and the recent DSGE (Dynamic Stochastic General Equilibrium) economists.Further to the …:After a monetary or fiscal expansion there will always be a temporary increase in the production and employment, even if … be not only a temporary short-term increase in the production and employment, but furthermore a permanent long-term one …

small a response on the employment margin. The other model variants fit employment dynamics better, but then imply too … little real rigidity and, so, too volatile inflation, owing to strong responses of marginal wages and hours per employee … the responses of wages, inflation and employment …

We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially … margin based on a stock-flow framework. The evolution of part-time employment is predominantly explained by cyclical changes … in transitions between full-time and part-time employment, which occur overwhelmingly at the same employer and entail …

The intensity of use of overtime hours has risen markedly since the early 1990s. Recent research suggests that there … given increase or decrease in hours - measured here as average weekly hours of overtime work - affects the subsequent … estimates obtained from vector auto regression (VAR) models consisting of hours, employment, output and wages in the …

the market-clearing level must reduce employment. Empirical findings suggest, however, that this might not always be the … competitive labour market with friction. -- minimum wage and employment ; minimum wage paradox ; friction and search in the labour …

We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … employment, and the effects are primarily felt by the relatively smaller businesses; the impact on large businesses are generally … non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we …

significant role in the sharp decline in U.S. employment between 2007 and 2009. Using geographical variation across U.S. counties …, we show that counties with a larger decline in housing net worth experience a larger decline in non-tradable employment …

In this work, we investigate the interrelations among technology, output and employment in the different states of the …) models with TFP, hours, and GDP, employing the latter as threshold variable, and we assess the ensuing generalized impulse … responses of GDP and hours as to TFP shocks. We find that positive productivity shocks, while spurring GDP growth, display a …

poor re-employment outcomes …