Macroeconomics and Labor Markets Archive - Seite 2 von 4 - IAB - Institut für Arbeitsmarkt- und Berufsforschung

Labor Market Discrimination and the Racial Unemployment Gap: Can Monetary Policy Make a Difference?

Black workers experience a higher unemployment rate, as well as more volatile employment dynamics, than white workers.

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Wage Setting in Times of High and Low Inflation

The recent surge in inflation led many unions and firms to alter their bargaining and wage-setting policies.

The European Unemployment Puzzle: Implications from Population Aging

We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks.

The Dark Shadow of Benefit Reforms in the Open Economy

Labor market beliefs and the gender wage gap

We study the role of labor market beliefs in the gender pay gap. We find that, on average, women expect to receive lower salaries than men and also expect to receive fewer offers when employed.

EU enlargement and (temporary) migration: Effects on labour market outcomes in Germany

Great Recession Babies: How Are Startups Shaped by Macro Conditions at Birth?

We combine novel micro data with quasi-random timing of patent decisions over the business cycle to estimate the effects of the Great Recession on innovative startups.

Marriage and Divorce under Labor Market Uncertainty

This paper analyzes these “labor market divorces” in a novel model of simultaneous search in labor and marriage markets.

Matching Workers’ Skills and Firms’ Technologies: From Bundling to Unbundling

Labor and Wealth Dynamics in Equilibrium

This paper develops a macroeconomic model that combines an incomplete-markets overlapping-generations economy with a job ladder featuring strategic wage bargaining and endogenous search effort of employed and non-employed workers. The model is able to capture the empirical relationships between search activity, labor market transition, earnings and wealth that we document in German data. We use the calibrated model to analyze the determinants of job mobility, earnings and wealth dynamics over the life cycle. We further examine the impact of unemployment insurance and progressive taxation for labor market dynamics, wage inequality and macroeconomic outcomes.