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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53

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180

Scholarly Papers (30)

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1.

Monetary Policy Rules for Russia

Downloads 136 (268,558)
Citation 7

Monetary Policy Rules for Russia

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 136 (269,495)
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 109 (315,401)
Citation 5

Selective Hiring and Welfare Analysis in Labor Market Models

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 109 (317,226)
Citation 1

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labor market models, welfare, optimal unemployment insurance

Selective Hiring and Welfare Analysis in Labor Market Models

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)

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 105 (323,518)
Citation 5

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German unification, labor markets, labor market traps

4.

Comparing the Effectiveness of Employment Subsidies

Downloads 103 (327,700)
Citation 7

Comparing the Effectiveness of Employment Subsidies

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 99 (338,728)

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

Comparing the Effectiveness of Employment Subsidies

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 (805,829)
Citation 1
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duration, employment, hiring voucher, low wage subsidy, self-financing, targeting, unemployment

5.

An Incentive Theory of Matching

Downloads 84 (372,717)
Citation 7

An Incentive Theory of Matching

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 80 (387,467)

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

An Incentive Theory of Matching

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 (805,829)
Citation 1
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Adjustment costs, employment, Firing, Incentives, Job acceptance, Job offers, Matching, quits, unemployment

6.

Monetary Persistence and the Labor Market: A New Perspective

Downloads 84 (372,717)
Citation 18

Monetary Persistence and the Labor Market: A New Perspective

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 43 (526,852)

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monetary persistence, labor market, hiring and firing costs

Monetary Persistence and the Labor Market: A New Perspective

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 39 (547,278)

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monetary persistence, labor market, hiring and firing costs

Monetary Persistence and the Labor Market: A New Perspective

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 (825,463)
Citation 2
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Business Cycle Statistics, Hiring and Firing Costs, Labor Market, Monetary Persistence

7.

The Minimum Wage from a Two-Sided Perspective

Downloads 74 (400,985)

The Minimum Wage from a Two-Sided Perspective

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 53 (481,462)

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

The Minimum Wage from a Two-Sided Perspective

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 21 (664,025)

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

8.

Business Cycle Asymmetries and the Labor Market

Downloads 73 (404,042)
Citation 2

Business Cycle Asymmetries and the Labor Market

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 44 (522,016)

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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

Number of pages: 40 Posted: 21 Mar 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 29 (605,768)

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

9.

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

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 67 (423,121)

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

10.

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

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 64 (433,280)
Citation 1

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collective bargaining, bargaining coverage, Germany

11.

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

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 62 (440,275)
Citation 15

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

12.

Fiscal Multipliers and the Labour Market in the Open Economy

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 61 (443,721)

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fiscal multipliers, fiscal packages, labour market frictions

13.

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

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 60 (447,271)

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

14.

Real Wage Rigidities and the Cost of Disinflations

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 59 (450,969)
Citation 1

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disinflation, sticky prices, real wage rigidities, nonlinearities

15.

Revisiting the Matching Function

Downloads 50 (485,931)
Citation 10

Revisiting the Matching Function

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 28 (612,495)

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

Revisiting the Matching Function

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 22 (656,299)
Citation 5

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

16.

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

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 42 (521,222)

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

17.

Monetary Persistence, Imperfect Competition, and Staggering Complementarities

Downloads 40 (530,779)
Citation 4

Monetary Persistence, Imperfect Competition, and Staggering Complementarities

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 25 (633,687)

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

Monetary Persistence, Imperfect Competition and Staggering Complementarities

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 (711,885)
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Monetary persistence, price staggering, wage staggering, monetary policy

18.

Escaping the Unemployment Trap: The Case of East Germany

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 36 (550,979)

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labor market, labor market trap, East Germany

19.

Some Surprising Facts About Working Time Accounts and the Business Cycle

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 34 (561,573)
Citation 4

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working time accounts, short-time work, business cycles

20.

Efficiency and Labor Market Dynamics in a Model of Labor Selection

Downloads 32 (572,520)
Citation 11

Efficiency and Labor Market Dynamics in a Model of Labor Selection

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 22 (656,299)
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

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 9 (763,180)

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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 1 (838,783)
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21.

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

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 31 (578,115)

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business cycle, extensive and intensive margin, variance decomposition

22.

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

Number of pages: 29 Posted: 10 May 2010
Christian Merkl and Tom Schmitz
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg and Bocconi University - Department of Economics
Downloads 28 (596,077)

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

23.

Optimal Fiscal Policy with Labor Selection

Downloads 21 (643,320)
Citation 2

Optimal Fiscal Policy with Labor Selection

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 14 (720,351)

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

Optimal Fiscal Policy with Labor Selection

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 7 (780,402)
Citation 2

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

24.

Banks' Regulatory Buffers, Liquidity Networks and Monetary Policy Transmission

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 20 (650,403)
Citation 3

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

25.

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

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 19 (657,596)
Citation 1

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

26.

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

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 18 (664,743)
Citation 1

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

27.

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

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 (664,743)
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German unification, labour markets, labour market traps

28.

Worker Churn and Employment Growth at the Establishment Level

Downloads 15 (686,905)
Citation 2

Worker Churn and Employment Growth at the Establishment Level

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 15 (711,885)

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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

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

29.

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

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 14 (694,602)
Citation 2

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

30.

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

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 7 (749,822)

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