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In light of nonstationary search theory (van den Berg, 1990), this paper estimates the effects of benefit entitlement periods and the size of unemployment benefits on unemployment durations and post{unemployment earnings in West Germany. For the unemployment duration, we estimate censored...
Persistent link: https://www.econbiz.de/10003435417
Through panel estimates using OECD country-industry statistics, this paper aims to clarify the determinants of rent creation and the mechanisms of rent sharing, and the role of market regulations in these processes. The empirical analysis is carried out in two steps. The first explains the rent...
Persistent link: https://www.econbiz.de/10010282589
to household well-being, prices, employment, and wages. All studies can be classified as ex post quasi … workers in middle-income countries. The results on prices show asymmetric behavior across types of products. Overall, the …
Persistent link: https://www.econbiz.de/10012004820
to employment, wages, prices and household well-being. The meta-analysis finds that most results on employment and wages … prices tend to increase in the short-term. The probability of observing a decrease in household well-being among hosts is …
Persistent link: https://www.econbiz.de/10012239323
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This paper analyzes the joint dynamics of prices, output and employment across firms. We develop a dynamic equilibrium … productivity and demand shocks have distinct implications for the firms' output and price adjustments. Using panel data on prices … productivity and demand for the labor market and the dispersions of prices and labor productivity. We further analyze the impact of …
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