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for immigrants than for natives: a one percentage point increase in the unemployment rate is associated with a 0.61 and 0 …
Persistent link: https://www.econbiz.de/10013252566
Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics … relationship between employment cyclicality and wage cyclicality at the establishment level. We use this micro-estimate as a …
Persistent link: https://www.econbiz.de/10014432211
wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …
Persistent link: https://www.econbiz.de/10012626934
wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …
Persistent link: https://www.econbiz.de/10012619265
establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow …
Persistent link: https://www.econbiz.de/10011735900
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10014025126
heterogeneous impact of subsequent demand shifts on wages and employment in Germany. We validate the estimated elasticities with …
Persistent link: https://www.econbiz.de/10015339589
-intuitive, is shown to be consistent with well-known business cycle facts, such as pro-cyclical employment and pro-cyclical vacancy …
Persistent link: https://www.econbiz.de/10011346601
poor re-employment outcomes. …
Persistent link: https://www.econbiz.de/10013412799
poor re-employment outcomes. …
Persistent link: https://www.econbiz.de/10013390926