Search Results - subject_exact:"Lohnrigidität"

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Wage dynamics, unemployment, and inflation: enhancing 4gm semi-structural model

Ramos-Veloza, Mario A.; Naranjo-Saldarriaga, Sara; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015617555

Real wage growth in Papua New Guinea over three decades

Blunch, Niels-Hugo; Davies, Martin - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015135119

Anatomy of wage rigidity in China : lessons from the global financial crisis for post-pandemic recovery

Ding, Jian; Zhou, Yixiao - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015192397

Distributive conflict and wage formation in Germany : a Kaleckian perspective on nominal wages and demand (1990-2024)

Boughabi, Houssam - 2026

This paper investigates the interplay between distributive conflict, wage dynamics, and persistent unemployment within a Kaleckian framework, emphasizing the long-memory properties of wages. We develop a stochastic model in which wages adjust adaptively to cumulative historical discrepancies...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015611413

Rigid yet resilient : firms' margins of adjustment to demand shocks in regulated labour markets

Lucifora, Claudio; Origo, Federica - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015405275

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Rigid yet resilient : firms' margins of adjustment to demand shocks in regulated labour markets

Lucifora, Claudio; Origo, Federica - 2025

Book / Working Paper

Credit supply, firms, and earnings inequality

Moser, Christian; Saidi, Farzad; Wirth, Benjamin; … - 2026

We study the distributional consequences of monetary policy-induced credit supply in the German labor market. Firms in relationships with banks that are more exposed to the introduction of negative interest rates in 2014 experience a relative contraction in credit supply, associated with lower...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015639810

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Credit supply, firms, and earnings inequality

Moser, Christian; Saidi, Farzad; Wirth, Benjamin; … - 2026

Book / Working Paper

Trade wars, nominal rigidities, and monetary policy

Auray, Stéphane; Devereux, Michael B.; Eyquem, Aurélien - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015458904

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Trade Wars, Nominal Rigidities and Monetary Policy

Auray, Stéphane; Devereux, Michael B.; Eyquem, Aurélien - 2023

Book / Working Paper

The macroeconomics of wage rigidity and job separations

Blanco, Andrés; Drenik, Andres; Moser, Christian; … - 2026

We study the macroeconomic implications of wage-rigidity-induced job separations in an equilibrium labor market model with four features: worker productivity shocks, staggered wage contracts, search frictions, and two-sided lack of commitment. Endogenous quits and layoffs are unilaterally...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015641760

Macroeconomic policies for AI

Fornaro, Luca; Wolf, Martin - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015656561

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Macroeconomic policies for AI

Fornaro, Luca; Wolf, Martin - 2026

Book / Working Paper

Macroeconomic policies for AI

Fornaro, Luca; Wolf, Martin - 2026

Book / Working Paper

Demand-side real rigidities revisited

Shirota, Toyoichiro - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015556773

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Demand-side Real Rigidities Revisited

Shirota, Toyoichiro - 2022

Book / Working Paper

Separations Revisited : Do Layoffs or Quits Drive Lower Separation Rates in High-Quality Firms?

Castro Dobbin, Cauê de; Fernandez, Daniel; Zohar, Tom - 2026

A well-known empirical regularity is that high-productivity firms have lower worker separation rates, but it is unclear whether this pattern reflects quits or layoffs. Using matched employer-employee data from Brazil that distinguish the reason for each separation, we show that the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015653941

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Separations revisited : do layoffs or quits drive lower separation rates in high-quality firms?

Castro Dobbin, Cauê de; Fernandez, Daniel; Zohar, Tom - 2026

Book / Working Paper

Separations revisited : do layoffs or quits drive lower separation rates in high-quality firms?

Castro Dobbin, Cauê de; Fernandez, Daniel; Zohar, Tom - 2026

Book / Working Paper

Separations revisited : do layoffs or quits drive lower separation rates in high-quality firms?

Castro Dobbin, Cauê de; Fernandez, Daniel; Zohar, Tom - 2025

Book / Working Paper

Auxiliary state method : theory and application

Ngo, Phuong - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015619786

Downward nominal wage rigidity and the optimal inflation target

Aktug, Emrehan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015624837

The emergence of wage-price spirals : implications for monetary policy response

Boymatova, Mushtariy - 2026

This paper examines the interaction between nominal wage dynamics and consumer price inflation in Uzbekistan, with the aim of assessing the risk of wage-price spirals in an emerging market context. Using quarterly data covering the period from 2007 to 2025, the analysis investigates whether wage...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015637319

Labour market flows, unemployment and the Phillips curve

Kharroubi, Enisse; Koechlin, Marius - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015668208

UK monetary policy in an estimated DSGE model with state-dependent price and wage contracts

Chen, Haixia; Le, Vo Phuong Mai; Meenagh, David; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015573385

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UK monetary policy in an estimated DSGE model with state-dependent price and wage contracts

Chen, Haixia; Le, Vo Phuong Mai; Meenagh, David; … - 2023

Book / Working Paper

Wage flexibility and macroeconomic stability : insights from an upgraded tank model

Bojovic, Veljko; Ellis, Natascha - 2026

What are the effects of a higher degree of wage flexibility on macroeconomic stability? Recently, renewed interest in this classic question has emerged in the heterogeneous-household literature. In a standard two-agent New Keynesian (TANK) model proposed in Diz et al. (2023), hand-to-mouth...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015656208

A plucking model of business cycles

Dupraz, Stéphane; Nakamura, Emi; Jón Steinsson - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015560907

Wage-setting constraints and firm responses to demand shocks

Bhuller, Manudeep; Delgado-Prieto, Lukas; Hermo, Santiago; … - 2026 - This Version: June 2026

This paper investigates how institutional wage-setting constraints, such as a national minimum wage or collectively bargained wages, affect firm responses to demand shocks. We develop a framework to interpret heterogeneous shock responses that depend on the constraints firms face, and provide...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015676430

Dispersed information, nominal rigidities and monetary business cycles : a Hayekian perspective

Hellwig, Christian; Venkateswaran, Venky - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015560988

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Dispersed information, nominal rigidities and monetary business cycles : a Hayekian perspective

Hellwig, Christian; Venkateswaran, Venky - 2024

Book / Working Paper

Domino effects : understanding sectoral reallocation and its wage implications

Lorentzen, Linnea - 2026

This paper studies how the 2014 collapse in Brent Crude Oil prices propagated through the Norwegian labor market via worker reallocation. Using Norwegian panel data, I show that workers in non-tradable sectors more exposed to inflows of displaced oil workers experienced significant earnings...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015676382

Staggered contracts and unemployment during recessions

Adamopoulou, Effrosyni; Díez-Catalán, Luis; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015561028

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Staggered contracts and unemployment during recessions

Adamopoulou, Effrosyni; Díez-Catalán, Luis; … - 2024

Book / Working Paper

Staggered contracts and unemployment during recessions

Adamopoulou, Effrosyni; Díez-Catalán, Luis; … - 2022

Book / Working Paper

Micro and macro cost-price dynamics in normal times and during inflation surges

Gagliardone, Luca; Gertler, Mark; Lenzu, Simone; … - 2026

We develop a unified approach to studying cost-price dynamics in the cross-section of firms in order to jointly explain the time series of aggregate inflation and the frequency of price changes, both during normal times and inflation surges. A key novelty is the use of microdata on firms' prices...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015644221

How does inflation affect different age groups?

Hahn, Volker; Schürle, Annika - 2025

We develop an overlapping-generations model with sticky wages and prices to study the socially optimal inflation rate in the long term. While sticky prices and firms’ productivity growth would yield a positive optimal inflation rate, we show that sticky wages, in combination with empirically...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015556771

Why firms lay off workers instead of cutting wages : evidence from linked survey-administrative data

Bertheau, Antoine; Kudlyak, Marianna; Larsen, Birthe; … - 2025

We use a novel large-scale survey of firms, implemented in Denmark in 2021 and linked to administrative data, to study why firms lay off workers instead of cutting wages. Our questions on layoffs, wage cuts, and the link between them provide new insights into firms' strategies for adjusting...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015199841

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Why firms lay off workers instead of cutting wages : evidence from linked survey-administrative data

Bertheau, Antoine; Kudlyak, Marianna; Larsen, Birthe; … - 2025 - Version: February 7, 2025

Edition: Version: February 7, 2025

Book / Working Paper

Why firms lay off workers instead of cutting wages : evidence from linked survey-administrative data

Bertheau, Antoine; Kudlyak, Marianna; Larsen, Birthe; … - 2025

Book / Working Paper

Why firms lay off workers instead of cutting wages: evidence from linked survey-administrative data

Bertheau, Antoine; Kudlyak, Marianna; Larsen, Birthe; … - 2025

Book / Working Paper

Why firms lay off workers instead of cutting wages : evidence from linked survey-administrative data

Bertheau, Antoine; Kudlyak, Marianna; Larsen, Birthe; … - 2025

Book / Working Paper

Trade liberalization, wage inequality, and monetary policy

Lechthaler, Wolfgang; Mileva, Mariya - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014551378

Macro welfare effects of flexible labor contracts

Carreño, José; Uras, Burak - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015075947

Supply shocks, employment gap, and monetary policy

Kurozumi, Takushi; Van Zandweghe, Willem - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015580783

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Supply shocks, employment gap, and monetary policy

Kurozumi, Takushi; Van Zandweghe, Willem - 2025

Book / Working Paper

The cost of wage rigidity

Faia, Ester; Pezone, Vincenzo - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014528585

Labor market effects of global supply chain disruptions

Ulate, Mauricio; Vasquez, Jose; Zarate, Roman D. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015560624

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Labor market effects of global supply chain disruptions

Ulate, Mauricio; Vasquez, Jose; Zarate, Roman D. - 2025

Book / Working Paper

Labor market effects of global supply chain disruptions

Ulate, Mauricio; Vasquez, Jose; Zarate, Roman D. - 2023

Book / Working Paper

Labor market effects of global supply chain disruptions

Ulate, Mauricio; Vasquez, Jose; Zarate, Roman D. - 2023

Book / Working Paper

Labor market effects of global supply chain disruptions

Ulate, Mauricio; Vasquez, Jose; Zarate, Roman D - 2023

Book / Working Paper

Wages as signals of worker mobility

Chen, Sonja; Doyle, Matthew; González, Francisco M. - 2024

We analyze a model in which workers direct their search on and off the job and employer–worker match productivities are private information. Employers can commit neither to post contracts such that wages are a function of tenure nor to disregard counteroffers. In this context, potential...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014468085

Labor demand responses to payroll taxes in an economy with wage rigidity: evidence from Colombia

Becerra, Oscar; Morales, Leonardo Fabio - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015326113

Endogenous labor supply in an estimated New-Keynesian model : nominal versus real rigidities

Cairó, Isabel; Chung, Hess; Ferrante, Francesco; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015326360

Investigating unemployment hysteresis in South Africa

Dadam, Vincent; Viegi, Nicola - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015117819

Hand-to-Mouth households in the Eurosystem and the transmission of monetary Policy

Akarsu, Okan; Aktuğ, Emrehan; Küçükbayrak, Müşerref - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015423991

Labour market rigidity and firm innovation

Gao, Limin; Anwar, Sajid - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015126941

Recession shapes of regional evolution : factors of hysteresis

Ahn, Hie Joo; Eo, Yunjong - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015470733

Increasing returns and labor markets in a predator-prey model

Dosi, Giovanni; Usula, Davide; Virgillito, Maria Enrica - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015133841

The effect of capacity constraints on the slope of the Phillips curve

Holm, Martin Blomhoff; Lerdalen, Lars O.; Vines, David - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015357240

The house price channel of quantitative easing

Seidl, Hannah Magdalena - 2025

I study the transmission mechanism of Quantitative Easing (QE) in the form of large-scale asset purchases in the mortgage market to aggregate consumption. To this end, I develop a New Keynesian model that features heterogeneous households, a microfounded housing market, and frictional...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015451846

Three wages and two prices

Pencavel, John H. - 2025

Using annual observations on U.S. non-farm workers from the late 1940s to 2019, descriptions of the movements of nominal wages, real consumption wages, and real product wages are reported. The prices faced by consumer workers and the prices faced by owner-managers move differently. Variables...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015436819

Beveridge curve under endogenous separation model : the role of wage rigidity and match-specific productivity

Takano, Tetsuaki - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015191418

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Beveridge Curve Under Endogenous Separation Model : The Role of Wage Rigidity and Match-Specific Productivity

Takano, Tetsuaki - 2023

Book / Working Paper

Firms' pass-through dynamics : a survey approach

Gödl-Hanisch, Isabel; Menkhoff, Manuel - 2025 - This version: August 2025

This paper uses a new survey approach to empirically characterize firm-level passthrough dynamics and explores them in a price-setting model. We directly elicit price pass-through of cost shocks in the field and survey experiments. We find gradual pass-through due to infrequent adjustments...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015439156

CEO locality and employment stickiness

Park, Sohee; Bolor-Erdene, Batjargal; Jung, Keumah; … - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015358743

Contractual minimum wages and collective bargaining : Italian evidence from forty years of data

Fanfani, Bernardo - 2025

This study documents the evolution of minimum wages bargained in Italian private sector collective contracts over a forty-year period (1983-2023). Minimum wages have grown in real levels over the last three decades, particularly among high-skilled occupations, but this growth has been partially...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015441561

Revisiting real wage rigidity

Ellington, Michael; Martin, Christopher Ian; Wang, Bingsong - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014544981

Learning about labor markets

Bradley, Jake; Mann, Lukas - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015560592

Bonus question : how does flexible incentive pay affect unemployment dynamics?

Gaur, Meghana; Grigsby, John; Hazell, Jonathon; Ndiaye, … - 2025 - Original version: August 2024, this version: October 2025

We introduce dynamic incentive contracts into a model of unemployment fluctuations. Our main result is that wage cyclicality from incentives does not affect the response of unemployment to productivity shocks. The response of unemployment is the same, to a first order, in two economies: one with...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015608371

The state-dependent consumption response to government spending in US : a Markov-Switching TANK model with sticky wages

Morelli, Francesco - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015475457

Rigidity in crisis : the impact of OHSAS 18001 certification on production repurposing during COVID-19

Ye, Yuxiao; Jiang, Shenyang; Fan, Di; Huo, Baofeng; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015556109