Narrow search
Showing 1 - 10 of 4,434
Cover Image
Wage flexibility and the Great Recession : the response of the Irish labour market
Doris, Aedín; O'Neill, Donal; Sweetman, Olive B. - 2013
There is considerable debate about the role of wage rigidity in explaining unemployment. Despite a large body of … empirical work, no consensus has emerged on the extent of wage rigidity. Previous attempts to empirically examine wage rigidity … have been hampered by small samples and measurement error. In this paper we examine nominal wage flexibility in Ireland …
Persistent link: https://www.econbiz.de/10010223423
Cover Image
Fewer jobs or smaller paychecks? : aggregate crisis impacts in selected middle-income countries
Khanna, Gaurav; Newhouse, David Locke; Paci, Pierella - 2011
This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...
Persistent link: https://www.econbiz.de/10009408899
Cover Image
Fewer Jobs or Smaller Paychecks? Aggregate Crisis Impacts in Selected Middle-Income Countries
Khanna, Gaurav - 2011
This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...
Persistent link: https://www.econbiz.de/10013120422
Cover Image
The Recovery from the Great Recession : A Long, Evolving Expansion
Shambaugh, Jay; Strain, Michael R. - 2021
exceeded, and eventually real wage growth began to accumulate for workers across the distribution. In fact, the business cycle … (including recession and recovery) beginning in December 2007 was one of the better periods of real wage growth in many decades …
Persistent link: https://www.econbiz.de/10013251540
Cover Image
The recovery from the Great Recession: a long, evolving expansion
Shambaugh, Jay C.; Strain, Michael R. - 2021
exceeded, and eventually real wage growth began to accumulate for workers across the distribution. In fact, the business cycle … (including recession and recovery) beginning in December 2007 was one of the better periods of real wage growth in many decades …
Persistent link: https://www.econbiz.de/10012405441
Cover Image
Overconsumption, credit rationing and bailout monetary policy : a Minskyan perspective
Charpe, Matthieu; Flaschel, Peter; Proaño Acosta, Christian - 2009
We consider a Keynes-Goodwin model of effective demand and the distributive cycle where workers purchase goods and houses with marginal propensity significantly larger than one. They therefore need credit, supplied from asset holders, and have to pay interest on their outstanding debt. In this...
Persistent link: https://www.econbiz.de/10003861624
Cover Image
Structural and Cyclical Forces in the Labor Market During the Great Recession : Cross-Country Evidence
Sala, Luca - 2012
price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and …
Persistent link: https://www.econbiz.de/10013098495
Cover Image
Structural and Cyclical Forces in the Labor Market During the Great Recession : Cross-Country Evidence
Sala, Luca - 2012
price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and …
Persistent link: https://www.econbiz.de/10013099161
Cover Image
Accounting for Unemployment in the Great Recession : Nonparticipation Matters
Kudlyak, Marianna - 2012
We conduct an accounting exercise of the role of worker flows between unemployment, employment, and labor force nonparticipation in the dynamics of the aggregate unemployment rate across four recent recessions: 1982-1983, 1990-1991, 2001, and 2007-2009 (the Great Recession). We show that,...
Persistent link: https://www.econbiz.de/10013099242
Cover Image
The German Labor Market During the Great Recession : Shocks and Institutions
Gehrke, Britta - 2018
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10012909849