• closedAccess   Oil Price Shocks and Labor Market Fluctuations 

      Ordóñez, Javier; Sala Lorda, Héctor; Silva Becerra, José Ignacio International Association for Energy Economics (2011-07)
      We examine the impact of real oil price shocks on labor market flows in the U.S. We first use smooth transition regression (STAR) models to investigate to what extent oil prices can be considered as a driving force of labor ...
    • openAccess   Real unit labour costs in Eurozone countries: drivers and clusters 

      Ordóñez, Javier; Sala Lorda, Héctor; Silva Becerra, José Ignacio Springer Verlag (2015)
      We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components – real wages, capital intensity, and ...
    • closedAccess   Separation costs, job heterogeneity and labor market volatility in the matching model 

      Silva Becerra, José Ignacio; Toledo, M. Elsevier (2008)
      This paper extends the standard matching model by introducing a gap in separation costs between entrant and incumbent workers. We show that when this gap is omitted from the model, these costs do not improve the labor ...