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Robots or workers? : a macro analysis of automation and labor markets
Leduc, Sylvain; Liu, Zheng - 2019
Persistent link: https://www.econbiz.de/10012059788
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Uncovering the mechanism(s): financial constraints and wages
Arabzadeh, Hamzeh; Balleer, Almut; Gehrke, Britta - 2020
How do wages respond to financial recessions? Based on a dynamic macroeconomic model with frictions in the labor and … and explore their effect on wages. First, the financial labor wedge reduces wages. Second, financial constraints may … interact with aggregate labor market conditions in various ways putting upward or downward pressure on wages. We test partial …
Persistent link: https://www.econbiz.de/10012389827
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Understanding low wage growth in the euro area and European countries
Nickel, Christiane (contributor); Bobeica, Elena (contributor) - 2019
Despite notable improvements in the labour market since 2013, wage growth in the euro area was subdued and substantially overpredicted in 2013-17. This paper summarises the findings of an ESCB expert group on the reasons for low wage growth and provides comparable analyses on wage developments...
Persistent link: https://www.econbiz.de/10012141429
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Countercyclical recruiting rates and the value of jobs
Yashiv, Eran - 2015
U.S. CPS gross flows data indicate that in recessions firms actually increase their hiring rates from the pools of the unemployed and out of the labor force. Why so? The paper provides an explanation by studying the optimal recruiting behavior of the representative firm. This behavior is a...
Persistent link: https://www.econbiz.de/10011346601
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Understanding low wage growth in the euro area and European countries
Nickel, Christiane (ed.); Bobeica, Elena (ed.);  … - 2019
Despite notable improvements in the labour market since 2013, wage growth in the euro area was subdued and substantially overpredicted in 2013-17. This paper summarises the findings of an ESCB expert group on the reasons for low wage growth and provides comparable analyses on wage developments...
Persistent link: https://www.econbiz.de/10012063794
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Cyclical labor income risk
Nakajima, Makoto; Smirnyagin, Vladimir - 2019
Persistent link: https://www.econbiz.de/10012197717
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Employment cyclicality by firm size, wage, and productivity in Brazil
Cravo, Túlio; Jacinto, Paulo de Andrade; Schimanski, … - 2018 - Version: August 27th, 2018
firm size, wages and productivity are positively related. This paper constructs a unique monthly linked employer …
Persistent link: https://www.econbiz.de/10011927684
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Good job, bad job, no job? : ethnicity and employment quality for men in the UK
Clark, Kenneth; Ochmann, Nico - 2022
Ethnic minority men find it harder to obtain good jobs in the UK labour market than White British men. Over time, while the very high unemployment rates experienced by some non-white ethnic groups have significantly declined and their share of good jobs has grown, their share of bad jobs has...
Persistent link: https://www.econbiz.de/10012888433
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Macroeconomic Aspects of European Integration: Fiscal Policy, Trade Integration and the European Business Cycle
Crespo-Cuaresma, Jesús; Pfaffermayr, Michael; Amador, … - 2011
We analyze the role of fiscal policy and intra-European trade in business cycle synchronization in the EU for the period 1995-2008. There is a broad consensus that the relationship between fiscal policy and business cycle comovements and between trade integration and cyclical synchronization are...
Persistent link: https://www.econbiz.de/10011345634
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Electricity Use as an Indicator of U.S. Economic Activity
Arora, Vipin; Lieskovsky, Jozef - 2016
We argue for the resurrection of an old idea: electricity use as an indicator of U.S. economic activity. Our analysis relies on associations–the 40-year correlation between growth rates in real GDP and electricity use can be as high as 89% –and intuition. Electricity use and economic...
Persistent link: https://www.econbiz.de/10011416254