Christian Merkl

University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg

Schloßplatz 4

Erlangen, DE Bavaria 91054

Germany

IZA Institute of Labor Economics

P.O. Box 7240

Bonn, D-53072

Germany

  • IZA Institute of Labor Economics

SCHOLARLY PAPERS

30

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180

Scholarly Papers (30)

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1.

Monetary Policy Rules for Russia

Downloads 149 (294,657)
Citation 7

Monetary Policy Rules for Russia

BOFIT Discussion Paper No. 11/2004
Number of pages: 38 Posted: 18 Sep 2007
Akram Esanov, Christian Merkl and Lucio Vinhas Vinhas de Souza
Kansas State University, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and DG-ECFIN, European Commission
Downloads 149 (295,199)
Citation 7

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monetary policy rules, exchange rate, central bank, Russia

Monetary Policy Rules for Russia

Journal of Comparative Economics, Vol. 33, No. 3, pp. 484-499, September 2005
Posted: 03 Feb 2006
Akram Esanov, Christian Merkl and Lucio Vinhas Vinhas de Souza
Kansas State University, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and DG-ECFIN, European Commission

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Monetary policy rules, exchange rate, Central bank

2.

Selective Hiring and Welfare Analysis in Labor Market Models

Downloads 122 (343,550)
Citation 5

Selective Hiring and Welfare Analysis in Labor Market Models

IZA Discussion Paper No. 6294
Number of pages: 29 Posted: 04 Feb 2012
Christian Merkl and Thijs van Rens
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Warwick - Department of Economics
Downloads 122 (344,913)
Citation 1

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labor market models, welfare, optimal unemployment insurance

Selective Hiring and Welfare Analysis in Labor Market Models

CEPR Discussion Paper No. DP13272
Number of pages: 34 Posted: 22 Oct 2018
Christian Merkl and Thijs van Rens
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Warwick - Department of Economics
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Citation 2
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labor market models, optimal unemployment insurance, welfare

3.

The Caring Hand that Cripples: The East German Labor Market after Reunification (Detailed Version)

IZA Discussion Paper No. 2066
Number of pages: 45 Posted: 11 Apr 2006
Dennis J. Snower and Christian Merkl
University of Kiel - Institute for World Economics (IfW) and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 118 (351,809)
Citation 5

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German unification, labor markets, labor market traps

4.

Revisiting the Matching Function

Downloads 117 (354,024)
Citation 10

Revisiting the Matching Function

IZA Discussion Paper No. 8515
Number of pages: 43 Posted: 04 Oct 2014
Britta Kohlbrecher, Christian Merkl and Daniela Nordmeier
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and Deutsche Bundesbank
Downloads 82 (451,320)

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matching function, idiosyncratic productivity, job creation, vacancies, time trend, asymmetries

Revisiting the Matching Function

CESifo Working Paper Series No. 5924
Number of pages: 49 Posted: 22 Jun 2016
Britta Kohlbrecher, Christian Merkl and Daniela Nordmeier
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and Deutsche Bundesbank
Downloads 35 (673,973)
Citation 5

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matching function, idiosyncratic productivity, job creation, vacancies, time trend, asymmetries

5.

Comparing the Effectiveness of Employment Subsidies

Downloads 112 (365,192)
Citation 7

Comparing the Effectiveness of Employment Subsidies

IZA Discussion Paper No. 2835
Number of pages: 34 Posted: 07 Jul 2007
Alessio J.G. Brown, Christian Merkl and Dennis J. Snower
Kiel Institute for the World Economy, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Kiel - Institute for World Economics (IfW)
Downloads 108 (376,693)

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low wage subsidy, hiring voucher, targeting, employment, unemployment, duration, self-financing

Comparing the Effectiveness of Employment Subsidies

CEPR Discussion Paper No. DP6334
Number of pages: 35 Posted: 23 May 2008
Alessio J.G. Brown, Christian Merkl and Dennis J. Snower
Kiel Institute for the World Economy, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Kiel - Institute for World Economics (IfW)
Downloads 4 (959,554)
Citation 1
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duration, employment, hiring voucher, low wage subsidy, self-financing, targeting, unemployment

6.

Monetary Persistence and the Labor Market: A New Perspective

Downloads 106 (379,291)
Citation 18

Monetary Persistence and the Labor Market: A New Perspective

IZA Discussion Paper No. 3513
Number of pages: 29 Posted: 05 Jun 2008
Wolfgang Lechthaler, Christian Merkl and Dennis J. Snower
Institute for the World Economy, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Kiel - Institute for World Economics (IfW)
Downloads 55 (559,713)

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monetary persistence, labor market, hiring and firing costs

Monetary Persistence and the Labor Market: A New Perspective

CESifo Working Paper Series No. 2935
Number of pages: 36 Posted: 08 Feb 2010
Wolfgang Lechthaler, Christian Merkl and Dennis J. Snower
Institute for the World Economy, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Kiel - Institute for World Economics (IfW)
Downloads 49 (590,238)

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monetary persistence, labor market, hiring and firing costs

Monetary Persistence and the Labor Market: A New Perspective

CEPR Discussion Paper No. DP7650
Number of pages: 34 Posted: 08 Feb 2010
Wolfgang Lechthaler, Christian Merkl and Dennis J. Snower
Institute for the World Economy, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Kiel - Institute for World Economics (IfW)
Downloads 2 (988,006)
Citation 2
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Business Cycle Statistics, Hiring and Firing Costs, Labor Market, Monetary Persistence

7.

An Incentive Theory of Matching

Downloads 93 (413,737)
Citation 7

An Incentive Theory of Matching

IZA Discussion Paper No. 4145
Number of pages: 29 Posted: 03 May 2009
Alessio J.G. Brown, Christian Merkl and Dennis J. Snower
Kiel Institute for the World Economy, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Kiel - Institute for World Economics (IfW)
Downloads 89 (429,174)
Citation 4

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matching, incentives, adjustment costs, unemployment, employment, quits, firing, job offers, job acceptance

An Incentive Theory of Matching

CEPR Discussion Paper No. DP7283
Number of pages: 29 Posted: 15 Jul 2009
Alessio J.G. Brown, Christian Merkl and Dennis J. Snower
Kiel Institute for the World Economy, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Kiel - Institute for World Economics (IfW)
Downloads 4 (959,554)
Citation 1
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Adjustment costs, employment, Firing, Incentives, Job acceptance, Job offers, Matching, quits, unemployment

8.

Business Cycle Asymmetries and the Labor Market

Downloads 91 (419,533)
Citation 2

Business Cycle Asymmetries and the Labor Market

CESifo Working Paper Series No. 5803
Number of pages: 39 Posted: 15 Apr 2016
Britta Kohlbrecher and Christian Merkl
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 55 (559,713)

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business cycle asymmetries, matching function, Beverdige curve, job-finding rate, unemployment, effectiveness of policy

Business Cycle Asymmetries and the Labor Market

IZA Discussion Paper No. 9816
Number of pages: 40 Posted: 21 Mar 2016 Last Revised: 08 Sep 2022
Britta Kohlbrecher and Christian Merkl
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 36 (667,215)

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unemployment, job-finding rate, Beverdige curve, matching function, business cycle asymmetries, effectiveness of policy

9.

The Minimum Wage from a Two-Sided Perspective

Downloads 89 (425,506)

The Minimum Wage from a Two-Sided Perspective

CESifo Working Paper Series No. 4868
Number of pages: 10 Posted: 09 Jul 2014
Alessio J.G. Brown, Christian Merkl and Dennis J. Snower
Kiel Institute for the World Economy, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Kiel - Institute for World Economics (IfW)
Downloads 60 (536,414)

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minimum wage, labor market, employment, unemployment, job offer, job acceptance

The Minimum Wage from a Two-Sided Perspective

IZA Discussion Paper No. 8252
Number of pages: 11 Posted: 28 Jun 2014
Alessio J.G. Brown, Christian Merkl and Dennis J. Snower
Kiel Institute for the World Economy, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Kiel - Institute for World Economics (IfW)
Downloads 29 (717,767)

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minimum wage, labor market, employment, unemployment, job offer, job acceptance

10.

Labor Turnover Costs, Workers' Heterogeneity, and Optimal Monetary Policy

IZA Discussion Paper No. 4322
Number of pages: 39 Posted: 04 Aug 2009
Ester Faia, Wolfgang Lechthaler and Christian Merkl
Goethe University Frankfurt, Institute for the World Economy and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 82 (446,839)

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optimal monetary policy, hiring and firing costs, labor market frictions, policy trade-off

11.

Fiscal Multipliers and the Labour Market in the Open Economy

IZA Discussion Paper No. 4849
Number of pages: 41 Posted: 29 Mar 2010
Ester Faia, Wolfgang Lechthaler and Christian Merkl
Goethe University Frankfurt, Institute for the World Economy and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 80 (453,297)

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fiscal multipliers, fiscal packages, labour market frictions

12.

Does Short-Time Work Save Jobs? A Business Cycle Analysis

CESifo Working Paper Series No. 4640
Number of pages: 41 Posted: 06 Mar 2014
Almut Balleer, Almut Balleer, Britta Gehrke, Wolfgang Lechthaler and Christian Merkl
University of BonnRWTH Aachen University, University of Rostock - Faculty of Business Administration, Economics and Social Sciences, Institute for the World Economy and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 75 (470,292)
Citation 16

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short-time work, fiscal policy, business cycles, search-and-matching, SVAR

13.

Centralized vs. Decentralized Wage Formation: The Role of Firms' Production Technology

IZA Discussion Paper No. 8242
Number of pages: 26 Posted: 14 Jun 2014
Boris Hirsch, Christian Merkl, Steffen Müller and Claus Schnabel
University of Erlangen-Nuremberg, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Erlangen-Nuremberg
Downloads 72 (481,060)
Citation 1

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collective bargaining, bargaining coverage, Germany

14.

They are Even Larger! More (on) Puzzling Labor Market Volatilities

IZA Discussion Paper No. 4403
Number of pages: 31 Posted: 15 Oct 2009
Hermann Gartner, Christian Merkl and Thomas Rothe
Government of the Federal Republic of Germany - Institute for Employment Research (IAB), University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and Government of the Federal Republic of Germany - Institute for Employment Research (IAB)
Downloads 72 (481,060)

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labor market volatilities, unemployment, worker flows, vacancies, job-finding rate, market tightness

15.

Real Wage Rigidities and the Cost of Disinflations

IZA Discussion Paper No. 3049
Number of pages: 22 Posted: 23 Oct 2007
Guido Ascari and Christian Merkl
University of Pavia and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 71 (484,733)
Citation 1

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disinflation, sticky prices, real wage rigidities, nonlinearities

16.

Worker Churn in the Cross Section and Over Time: New Evidence from Germany

CESifo Working Paper Series No. 6702
Number of pages: 42 Posted: 29 Oct 2019
Ruediger Bachmann, Christian Bayer, Christian Merkl, Stefan Seth, Heiko Stüber and Felix Wellschmied
University of Michigan at Ann Arbor, University of Bonn, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg, Government of the Federal Republic of Germany - Institute for Employment Research (IAB), University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and Universidad Carlos III de Madrid
Downloads 55 (550,221)

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Job Flows, Worker Flows, Churn, Job-to-Job Transitions, Aggregate Fluctuations

17.

Efficiency and Labor Market Dynamics in a Model of Labor Selection

Downloads 47 (588,967)
Citation 7

Efficiency and Labor Market Dynamics in a Model of Labor Selection

CESifo Working Paper Series No. 5474
Number of pages: 50 Posted: 19 Aug 2015
Sanjay K. Chugh and Christian Merkl
University of Maryland and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 28 (725,601)
Citation 6

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labor market frictions, hiring costs, sequential search, efficiency, amplification

Efficiency and Labor Market Dynamics in a Model of Labor Selection

IZA Discussion Paper No. 9291
Number of pages: 51 Posted: 04 Sep 2015
Sanjay K. Chugh and Christian Merkl
University of Maryland and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 17 (822,363)

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labor market, labor selection, labor market frictions, hiring costs, sequential search, efficiency, amplification

Efficiency and Labor Market Dynamics in a Model of Labor Selection

International Economic Review, Vol. 57, Issue 4, pp. 1371-1404, 2016
Number of pages: 34 Posted: 15 Nov 2016
Sanjay K. Chugh and Christian Merkl
University of Maryland and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 2 (988,006)

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18.

Monetary Persistence, Imperfect Competition, and Staggering Complementarities

Downloads 47 (588,967)
Citation 4

Monetary Persistence, Imperfect Competition, and Staggering Complementarities

IZA Discussion Paper No. 3033
Number of pages: 33 Posted: 28 Sep 2007
Christian Merkl and Dennis J. Snower
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Kiel - Institute for World Economics (IfW)
Downloads 32 (694,859)

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monetary persistence, price staggering, wage staggering, firm-specific capital

Monetary Persistence, Imperfect Competition and Staggering Complementarities

CEPR Discussion Paper No. 5658
Number of pages: 37 Posted: 27 Jul 2006
Dennis J. Snower and Christian Merkl
University of Kiel - Institute for World Economics (IfW) and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 15 (841,886)
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Monetary persistence, price staggering, wage staggering, monetary policy

19.

Some Surprising Facts About Working Time Accounts and the Business Cycle

IZA Discussion Paper No. 8890
Number of pages: 20 Posted: 16 Mar 2015
Almut Balleer, Britta Gehrke and Christian Merkl
Stockholm University - Institute for International Economic Studies (IIES), University of Rostock - Faculty of Business Administration, Economics and Social Sciences and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 45 (599,368)
Citation 4

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working time accounts, short-time work, business cycles

20.

Escaping the Unemployment Trap: The Case of East Germany

IZA Discussion Paper No. 3681
Number of pages: 32 Posted: 14 Sep 2008
Christian Merkl and Dennis J. Snower
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Kiel - Institute for World Economics (IfW)
Downloads 44 (604,695)

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labor market, labor market trap, East Germany

21.

Optimal Fiscal Policy with Labor Selection

Downloads 42 (615,710)
Citation 2

Optimal Fiscal Policy with Labor Selection

IZA Discussion Paper No. 11600
Number of pages: 88 Posted: 02 Jul 2018
Sanjay K. Chugh, Wolfgang Lechthaler and Christian Merkl
University of Maryland, Institute for the World Economy and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 24 (758,860)

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labor market frictions, hiring costs, efficiency, optimal taxation, labor wedge, zero intertemporal distortions

Optimal Fiscal Policy with Labor Selection

CESifo Working Paper Series No. 7120
Number of pages: 88 Posted: 23 Aug 2018
Sanjay K. Chugh, Wolfgang Lechthaler and Christian Merkl
University of Maryland, Institute for the World Economy and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 18 (812,860)
Citation 2

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labor market frictions, hiring costs, efficiency, optimal taxation, labor wedge, zero intertemporal distortions

22.

Extensive vs. Intensive Margin in Germany and the United States: Any Differences?

IZA Discussion Paper No. 5117
Number of pages: 9 Posted: 24 Aug 2010
Christian Merkl and Dennis Wesselbaum
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and University of Otago - School of Business - Department of Economics
Downloads 38 (638,472)

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business cycle, extensive and intensive margin, variance decomposition

23.

Macroeconomic Volatilities and the Labor Market: First Results from the Euro Experiment

IZA Discussion Paper No. 4924
Number of pages: 29 Posted: 10 May 2010
Christian Merkl and Tom Schmitz
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and Queen Mary University of London
Downloads 38 (638,472)

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labor market institutions, output and inflation volatility, labor turnover costs, unemployment benefits, unemployment, eurozone

24.

Worker Churn and Employment Growth at the Establishment Level

Downloads 36 (650,599)
Citation 2

Worker Churn and Employment Growth at the Establishment Level

IZA Discussion Paper No. 11063
Number of pages: 33 Posted: 23 Oct 2017
Rüdiger Bachmann, Christian Bayer, Christian Merkl, Stefan Seth and Heiko Stueber
University of Notre Dame, Bocconi University, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg, Government of the Federal Republic of Germany - Institute for Employment Research (IAB) and Government of the Federal Republic of Germany - Institute for Employment Research (IAB)
Downloads 36 (667,215)

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job flows, worker flows, churn, job-to-job transitions, aggregate fluctuations

Worker Churn in the Cross Section and Over Time: New Evidence from Germany

CEPR Discussion Paper No. DP12343
Number of pages: 42 Posted: 04 Oct 2017 Last Revised: 19 Aug 2019
Rüdiger Bachmann, Christian Bayer, Christian Merkl, Stefan Seth, Heiko Stueber and Felix Wellschmied
University of Notre Dame, University of Bonn, University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg, Government of the Federal Republic of Germany - Institute for Employment Research (IAB), Government of the Federal Republic of Germany - Institute for Employment Research (IAB) and Universidad Carlos III de Madrid
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Citation 2
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Aggregate fluctuations, employment growth, Job flows, job-to-job transitions, labor demand, separation shocks, worker churn, worker flows

25.

Wage Cyclicalities and Labor Market Dynamics at the Establishment Level: Theory and Evidence

IZA Discussion Paper No. 11051
Number of pages: 49 Posted: 02 Oct 2017
Christian Merkl and Heiko Stueber
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and Government of the Federal Republic of Germany - Institute for Employment Research (IAB)
Downloads 33 (669,631)
Citation 1

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wage cyclicality, labor market flow model, labor market dynamics, establishments, administrative data, job and worker flows

26.

Does Short-Time Work Save Jobs? A Business Cycle Analysis

IZA Discussion Paper No. 7475
Number of pages: 42 Posted: 06 Jul 2013
Almut Balleer, Britta Gehrke, Wolfgang Lechthaler and Christian Merkl
Stockholm University - Institute for International Economic Studies (IIES), University of Rostock - Faculty of Business Administration, Economics and Social Sciences, Institute for the World Economy and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 30 (690,129)
Citation 1

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short-time work, fiscal policy, business cycles, search-and-matching, SVAR

27.

Banks' Regulatory Buffers, Liquidity Networks and Monetary Policy Transmission

Bundesbank Series 2 Discussion Paper No. 2006,06
Number of pages: 56 Posted: 08 Jun 2016
Christian Merkl and Stéphanie Stolz
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and International Monetary Fund (IMF)
Downloads 28 (704,537)
Citation 4

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Monetary policy transmission, Bank lending channel, Bank capital channel, Liquidity networks

28.

The German Labor Market During the Great Recession: Shocks and Institutions

IZA Discussion Paper No. 11858
Number of pages: 38 Posted: 08 Oct 2018
Britta Gehrke, Wolfgang Lechthaler and Christian Merkl
University of Rostock - Faculty of Business Administration, Economics and Social Sciences, Institute for the World Economy and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 23 (743,436)
Citation 3

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Great Recession, search and matching, DSGE, short-time work, fiscal policy, business cycles, Germany

29.

The Caring Hand that Cripples: The East German Labour Market after Reunification

CEPR Discussion Paper No. 5656
Number of pages: 15 Posted: 27 Jul 2006
Dennis J. Snower and Christian Merkl
University of Kiel - Institute for World Economics (IfW) and University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg
Downloads 18 (785,211)
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German unification, labour markets, labour market traps

30.

Value Added, Wages, and Labor Market Flows at the Establishment Level

IZA Discussion Paper No. 11314
Number of pages: 20 Posted: 25 Feb 2018
Christian Merkl and Heiko Stueber
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and Government of the Federal Republic of Germany - Institute for Employment Research (IAB)
Downloads 16 (802,948)

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labor market flows, value added, wages, administrative data, establishments