On November 16, the Institute for Structural Research orgrnized a workshop entitled "New developments in labour markets". The workshop was divided into two parts: one dedicated to advances in heterogeneous labour market modelling and the other to new empirical findings.
In the first session Leo Kaas
from the University of Konstanz showed his work in progress on a model of firm dynamics with frictional product and labour markets. Next, Marek Antosiewicz
(IBS) and Jacek Suda
(NBP) presented a heterogeneous firm model of on-the-job search with financial frictions. The model is the result of research conducted under National Science Foundation grant entitled "Development of macroeconomic modelling methods: Incorporating ex-post heterogeneity to DSGE models”.
During the empirical part of the workshop Marcel Jansen
from the Autonomous University of Madrid presented recent findings from Spain concerning job losses resulting from lack of credit. His work was recently awarded the Jaime Fernandez de Araoz Prize on Corporate Finance
. Joanna Tyrowicz
(UW and NBP) presented her paper on labour reallocation and demographics, and Małgorzata Skibińska
(NBP and SGH) showed a model explaining the factors driving the labour wedge in Europe.
|| Registration and coffee
|| Opening remarks
Piotr Lewandowski, Institute for Structural Research
|| Session 1: Heterogeneity in labour markets
Leo Kaas, University of Konstanz
Firm dynamics with frictional product and labour market
Marek Antosiewicz, Institute for Structural Research; Jacek Suda, National Bank of Poland
On the job search and financial frictions
|| Session 2: New empirics in labour markets
Marcel Jansen, Universidad Autónoma de Madrid; Samuel Bentolila, CEMFI; Gabriel Jiménez, Banco de España; Sonia Ruano, Banco de EspañaWhen credit dries up: Job losses in the Great Recession
Joanna Tyrowicz, National Bank of Poland and University of Warsaw; Lucas van der Velde, University of Warsaw
Labour reallocation and demographics
Małgorzata Skibińska, National Bank of Poland and Warsaw School of Economics
What drives the labour wedge? A comparison between CEE countries and the Euro Area.