Title:La-Pleiade and Exchange-Rate Pass-Through
Author(s):BANIAK, Andrzej; PHLIPS, LouisDate:1995Type of Publication:ArticleAbstract:We examine the effects of a change in the exchange rate on sales and prices in the framework of a two-country, two-commodity duopoly model with joint production. We distinguish two kinds of reaction. When the firm located ...
Title:Labor Adjustment: Disentangling Firing and Mobility Costs
Author(s):GUISO, Luigi; SAPIENZA, Paola; ZINGALES, LuigiDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper studies the costs of adjusting employment, distinguishing between firms’
firing and workers’ mobility costs. We construct a simple dynamic general equilibrium
model of labor demand and supply and show that ...
Title:Labor Market Dynamics and the Business Cycle: Structural Evidence for the United States
Author(s):RAVN, Morten O.; SIMONELLI, SaverioDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We use a 12-dimensional VAR to examine the dynamic effects on the labor market of four struc-
tural technology and policy shocks. For each shock, we examine the dynamic effects on the labor
market, the importance of the ...
Title:Labor Market Dynamics and the Business Cycle: Structural Evidence for the United States
Author(s):RAVN, Morten O.; SIMONELLI, SaverioDate:2007Type of Publication:ArticleAbstract:We use a 12-dimensional VAR to examine the aggregate effects of two structural technology shocks and two policy shocks. For each shock, we examine the dynamic effects on the labor market, the importance of the shock for ...
Title:Labor Turnover before Plant Closure: ‘Leaving the sinking ship’ vs. ‘Captain throwing ballast overboard’
Author(s):SCHWERDT, GuidoDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Involuntary job loss in administrative data is commonly identified
by focusing on mass-layoffs or plant closures. However, such events
usually do not happen without prior knowledge, which potentially
leads to selection ...
Title:Labor-Market Volatility in the Search-And-Matching Model: The Role of Investment-Specific Technology Shocks
Author(s):FACCINI, Renato; ORTIGUEIRA, SalvadorDate:2010Type of Publication:ArticleAbstract:Shocks to investment-specific technology have been identified as a main source of U.S. aggregate output volatility. In this paper, we present a model with frictions in the labor market and explore the contribution of these ...
Title:Labor-Market Volatility in the Search-and-Matching Model: The Role of Investment-Specific Technology Shocks
Author(s):FACCINI, Renato; ORTIGUEIRA, SalvadorDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Shocks to investment-specific technology have been identified as a main source of U.S. aggregate output volatility. In this paper we assess the contribution of these shocks to the volatility of labor market variables, ...
Title:Le Royaume-Uni devrait-il rejoindre l'Union économique et monétaire?
Author(s):ARTIS, Michael J.Date:2002Type of Publication:ArticleAbstract:N° 91
3ème trimestre 2002
Le Royaume-Uni devrait-il rejoindre l'Union économique et monétaire ?
Michael Artis
L'article traite de l'adhésion du Royaume-Uni à l'UEM. L'analyse de la Zone de monnaie optimale (ZMO) ...
Title:Leading Indicators for Euro Area Inflation and GDP Growth
Author(s):BANERJEE, Anindya; MARCELLINO, Massimiliano; MASTEN, IgorDate:2003Type of Publication:Working PaperSeries/Report no.:CEPR discussion paperAbstract:In this Paper we evaluate the role of a set of variables as leading indicators for Euro-area inflation and GDP growth. Our evaluation is based on using the variables in the ECB euro area model database, plus a set of similar ...