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Uncovering the mechanism(s)

financial constraints and wages

Hamzeh Arabzadeh (RWTH Aachen University), Almut Balleer (RWTH Aachen University, Institute for International Economic Studies and CEPR), Britta Gehrke (University of Rostock, IAB and IZA) ; IZA Institute of Labor Economics

How do wages respond to financial recessions? Based on a dynamic macroeconomic model with frictions in the labor and the financial market, we address two prominent mechanism through which firms' financial constraints amplify unemployment and explore their effect on wages. First, the financial l...

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Bibliographic details
Volume: no. 13979
Main Author: Arabzadeh, Hamzeh
Balleer, Almut
Gehrke, Britta
Format: eBook
Language: English
Related: Forschungsinstitut zur Zukunft der Arbeit ¬[Herausgebendes Organ]
Ort : Verlag : ErscheinungsdatumBonn, Germany : IZA Institute of Labor Economics : December 2020
Erscheinungsort: (Ort)Bonn
Extent: 1 Online-Ressource (63 Seiten) : Diagramme
Umfang: (Dateityp; Kodierungsformat)Textdatei; PDF
Series: Discussion paper series / IZA Institute of Labor Economics ; no. 13979
Links: Fulltext
HBZ-ID: HT020685969 » further libraries in North Rhine-Westphalia
Database: ULB Bonn