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paper-flex-martin-2.pdf
... in the business sector between 1997 and 2004 (panel a). the figure also presents estimates of the so-called excess job reallocation , i.e. the difference between gross job reallocation and the absolute value of net employment growth in each industry. this indicator accounts for the reallocation of labour resources between firms within the ...
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Microsoft Word - Holland 110111
... gross unemployment adds the number of people in activation programmes, and as expected the difference between gross and registered unemployment has increased in response to the crisis. finally, the ... metric of unemployment. while the latter is associated with various measurement problems the widening difference between the aku and gross unemployment may reflect that not all jobless are eligible ...
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appendix derivations dsge model pdf
... exports. we can always rewrite the firm's optimisation problem in terms of maximising the difference between marginal revenue and marginal cost, which we will do here without deriving an expression for ... are not going to do. comparing their equation 49 with the above equation the main difference is that their stochastic discount factor takes into account expected terms of trade movements, ours ...
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Four Futures of the Netherlands
... indeed leads to higher economic growth, but also to higher income differences between high- and low-skilled workers and between the employed and unemployed. moreover, in a market-oriented society, cross- ... is noticeably determined by the tax wedge (the difference between the total labour cost and the net wage) and the replacement rate (the ratio between social benefits and wages); see (broer et al ...
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paper-flex-fitzenberger_0.pdf
... however, between 1979 and 2004 the dispersion both in the upper half of the distribution (as measured by 80-50 log difference) and in ... -skilled and 15 log pp for the high-skilled. the difference between the medians across skill-groups increases by 22 log pp. however ... the time-trends of median wages across skill groups and the difference between skill-groups. cumulated wage growth over time in the u.s ...
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Flexibility, Dualism and the Great Recession
... jobs and provides insider wages at all productivity levels above the reservation productivity level. the difference between insider and outsider wages at the entry productivity level (x 1) is given by ) ... and provides insider wages at all productivity levels above the reservation productivity level. the difference between insider and outsider wages at the entry productivity level (x 1) is given by ) ...
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Two-Tier Labor Markets in the Great Recession: France vs. Spain
... can be attributed to what we identify as the main difference between the labor market regulations of these two economies a larger gap between the dismissal costs of workers with permanent and temporary ... this amount (i.e. 1.33 quarters). for spain, we compute it as the (weighted) difference between actually paid severance (45 days of wages per year of service, in either individual or ...
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Microsoft Word - paper_flex_fredriksson.docx
... ., which plots the relative probability of leaving unemployment for employment (computed as the difference between the survivor functions for the two programs). alternatively, one can calculate the relative ... difference in unemployment across time within region and then took the median of these differences. over the studied time period (1999 2005) a median region experienced a difference between ...
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lost race between schooling and technology pdf
... 29 table 7.1 calculations of increase in relative supply of skilled workers required prediction difference difference required h l h l (%-points) (%) growth (%) g g g note the time period is ... of a decrease between 3 and 8 percentage points in higher education when tuition costs increase by 1000. the implied quasi elasticity of enrolment is 2-7% accordingly. the difference between the elasticities ...
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linkages between financial and real sector economy pdf
... turning to the literature, we have to be aware that there is a fundamental difference between firms' investments and consumers' expenditures. the standard neoclassical firm would not constrain its ... in terms of household utility than contemporaneous consumption. this establishes a direct link between the financial accelerator and consumption. if house prices fall, ceteris paribus, today, consumption ...
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