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find a high degree of downward nominal wage rigidity, which for rates of inflation lower than three percent is shown to … lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10011403751
; equilibrium unemployment ; inflation target ; Phillips curve ; Lucas critique ; Germany … Nominallöhne in Deutschland. Unter Verwendung von drei alternativen Modellvarianten für die proportionale … Abwärtsnominallohnstarrheit in Deutschland erheblich ist. Die realen Implikationen der nach unten starren Nominallöhne sind bei konstantem …
Persistent link: https://www.econbiz.de/10009746167
find a high degree of downward nominal wage rigidity, which for rates of inflation lower than three percent is shown to … lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10005822114
peak at 12 months. 5) The probability of a wage change is positively correlated with the unemployment rate and with the … consumer price inflation rate. -- Wage stickiness ; micro-level evidence ; measurement error …
Persistent link: https://www.econbiz.de/10003985883
peak at 12 months. (5) The probability of a wage change is positively correlated with the unemployment rate and with the … consumer price inflation rate. …
Persistent link: https://www.econbiz.de/10008778763
peak at 12 months. 5) The probability of a wage change is positively correlated with the unemployment rate and with the … consumer price inflation rate. …
Persistent link: https://www.econbiz.de/10010269928
peak at 12 months. (5) The probability of a wage change is positively correlated with the unemployment rate and with the … consumer price inflation rate. …
Persistent link: https://www.econbiz.de/10010280950
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … individual panel data for Germany and repeated cross-sectional data for the United States and the European Union show that the … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private …
Persistent link: https://www.econbiz.de/10003667024
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … individual panel data for Germany and repeated cross-sectional data for the United States and the European Union show that the … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private …
Persistent link: https://www.econbiz.de/10003713639
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … individual panel data for Germany and repeated cross-sectional data for the United States and the European Union show that the … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private …
Persistent link: https://www.econbiz.de/10011632445