Publication
Sep 2009
This publication shows that the German labor market is more volatile than the US labor market. The authors derive and simulate a simple dynamic labor market model with heterogeneous worker productivity. This model is able to explain the higher German labor market volatilities by a longer expected job duration.
| Download |
English (PDF, 30 pages, 470 KB) |
|---|---|
| Author | Hermann Gartner, Christian Merkl, Thomas Rothe |
| Series | Kiel Institute Working Papers |
| Issue | 1545 |
| Publisher | Kiel Institute for the World Economy |
| Copyright | © 2009 Kiel Institute for the World Economy |