They are even larger! More (on) puzzling labor market volatilities
Abstract: "This paper shows that the German labor market is more volatile than the US labor market at the business cycle frequency. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, the labor market tightness and vacancies) divided by the volatility of labor productivity is roughly twice as large as in the United States. We derive and simulate a simple model to explain this seemingly puzzling result. This new model provides explanations for this phenomenon, in particular the longer job tenure in Germany." (author's abstract)
- Location
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Deutsche Nationalbibliothek Frankfurt am Main
- Extent
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Online-Ressource, 27 S.
- Language
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Englisch
- Notes
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Veröffentlichungsversion
- Bibliographic citation
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IAB Discussion Paper: Beiträge zum wissenschaftlichen Dialog aus dem Institut für Arbeitsmarkt- und Berufsforschung ; Bd. 12/2009
- Classification
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Wirtschaft
- Event
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Veröffentlichung
- (where)
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Nürnberg
- (when)
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2009
- Contributor
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Institut für Arbeitsmarkt- und Berufsforschung der Bundesagentur für Arbeit (IAB)
- URN
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urn:nbn:de:0168-ssoar-320449
- Rights
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Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Last update
-
25.03.2025, 1:43 PM CET
Data provider
This object is provided by:
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.
Associated
- Gartner, Hermann
- Merkl, Christian
- Rothe, Thomas
- Institut für Arbeitsmarkt- und Berufsforschung der Bundesagentur für Arbeit (IAB)
Time of origin
- 2009
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