Now showing items 1-5 of 5

    • An estimated new-Keynesian model with unemployment as excess supply of labor 

      Casares Polo, Miguel Upna; Moreno, Antonio Upna; Vázquez, Jesús (2010)   Documento de trabajo / Lan gaiak  OpenAccess
      As one alternative to search frictions, wage stickiness is introduced in a New-Keynesian model to generate endogenous unemployment fluctuations due to mismatches between labor supply and labor demand. The effects on an ...
    • Reducing social contributions on unskilled labour as a way of fighting unemployment: an empirical evaluation for the case of Spain 

      Bajo Rubio, Óscar Upna; Gómez Gómez-Plana, Antonio Upna (2001)   Documento de trabajo / Lan gaiak  OpenAccess
      In this paper we provide an empirical evaluation of the effects of a cut in social security contributions (i) for all types of labour, and (ii) only for unskilled labour, within a computable general equilibrium model ...
    • Sticky prices, sticky wages, and also unemployment 

      Casares Polo, Miguel Upna (2008)   Documento de trabajo / Lan gaiak  OpenAccess
      This paper shows a New Keynesian model where wages are set at the value that matches household's labor supply with firm's labor demand. Subsequently, wage stickiness brings industry-level unemployment fluctuations. After ...
    • Wage stickiness and unemployment fluctuations: an alternative approach 

      Casares Polo, Miguel Upna; Moreno, Antonio Upna; Vázquez, Jesús (2009)   Documento de trabajo / Lan gaiak  OpenAccess
      Erceg, Henderson and Levin (2000, Journal of Monetary Economics) introduce sticky wages in a New-Keynesian general-equilibrium model. Alternatively, it is shown here how wage stickiness may bring unemployment fluctuations ...
    • Why are labor markets in Spain and Germany so different? 

      Casares Polo, Miguel Upna; Vázquez, Jesús (2016)   Documento de trabajo / Lan gaiak  OpenAccess
      The volatility of unemployment fluctuations has been about 3 times higher in Spain than in Germany over the recent business cycles (1996-2013). In contrast, fluctuations of the rate of wage inflation were significantly ...