IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Ungleichgewichte auf dem schweizerischen Arbeitsmarkt. Eine ökonometrische Modellschätzung

  • Peter Stalder
Registered author(s):

    This paper presents an econometric disequilibrium model for Switzerland. Firms' decisions on production capacity, output and labor demand are analyzed in a vintage framework. The specification of labor supply allows for intertemporal substitution. The macro relationships take into account that demand/supply ratios may differ across micro markets (structural mismatch). The estimated model implies that the corresponding structural component of unemployment has increased over time. However, the recent surge in unemployment is mainly caused by decreasing aggregate demand. Intertemporal substitution of labor supply turns out to be weak. In contrast to earlier recessions, the downturn in labor demand is reflected to a much greater extent in official unemployment statistics.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.sjes.ch/papers/1994-III-11.pdf
    Download Restriction: no

    Article provided by Swiss Society of Economics and Statistics (SSES) in its journal Swiss Journal of Economics and Statistics.

    Volume (Year): 130 (1994)
    Issue (Month): III (September)
    Pages: 445-463

    as
    in new window

    Handle: RePEc:ses:arsjes:1994-iii-11
    Contact details of provider: Postal: c/o SNB/BNS, Börsenstrasse 15, PO Box 2800, CH-8022 Zürich
    Phone: +41 (0)44 631 32 34
    Fax: +41 (0)44 631 39 01
    Web page: http://www.sjes.ch
    Email:


    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:ses:arsjes:1994-iii-11. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Steiner)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.