scholarly journals Endogenous Labor Market Participation and the Business Cycle

2006 ◽  
Author(s):  
Christian Haefke ◽  
Michael Reiter
2020 ◽  
Author(s):  
Patricia Aristizabal ◽  
Gustavo Nigenda ◽  
R Zárate-Grajales ◽  
A Squires ◽  
R Ostiguín-Meléndez ◽  
...  

2019 ◽  
Vol 15 (2) ◽  
pp. 127-147
Author(s):  
Merete Monrad ◽  
Morten Ejrnæs ◽  
Tine Fuglsang

AbstractWhen is a family poor? We examine what factors are emphasized when people judge whether a family is poor or not. The article is based on a factorial survey with 356 respondents who study social work, nursing, nursery teaching, nutrition and health. Based on theories of poverty, we study what aspects of a family’s life situation are accentuated when people judge whether the family is poor or not. The respondents primarily emphasize income in their poverty judgements. Some deprivations also enter into the judgements, while the duration of deprivations, gender and labor market participation have no or minimal significance for the judgements.


2019 ◽  
Vol 68 (3) ◽  
pp. 252-260
Author(s):  
Almut Balleer ◽  
Britta Gehrke ◽  
Brigitte Hochmuth ◽  
Christian Merkl

Abstract This article argues that short-time work stabilized employment in Germany substantially during the Great Recession in 2008/09. The labor market instrument acted in timely manner, as it was used in a rule-based fashion. In addition, discretionary extensions were effective due to their interaction with the business cycle. To ensure that short-time work will be effective in the future, this article proposes an automatic facilitation of the access to short-time work in severe recessions. This reduces the likelihood of a too extensive use at the wrong point in time as well as structural instead of cyclical interventions.


2013 ◽  
Vol 14 (3) ◽  
pp. 372-397 ◽  
Author(s):  
Burkhard Heer ◽  
Alfred Maußner

Abstract We review the labor market implications of recent real-business cycle and New Keynesian models that successfully replicate the empirical equity premium. We document the fact that all models reviewed in this article that do not feature either sticky wages or immobile labor between two production sectors as in Boldrin et al. (2001) imply a negative correlation of working hours and output that is not observed empirically. Within the class of Neo-Keynesian models, sticky prices alone are demonstrated to be less successful than rigid nominal wages with respect to the modeling of the labor market stylized facts. In addition, monetary shocks in these models are required to be much more volatile than productivity shocks to match statistics from both the asset and labor market.


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