BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//AMSE//Event Calendar//FR
CALSCALE:GREGORIAN
METHOD:PUBLISH
BEGIN:VEVENT
UID:event-9383@www.amse-aixmarseille.fr
DTSTAMP:20260422T112108Z
CREATED:20260422T112108Z
LAST-MODIFIED:20260422T112108Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:amse seminar - Daniele Siena
DTSTART:20221003T093000Z
DTEND:20221003T104500Z
DESCRIPTION:This paper shows that job polarization –i.e. the disappearanc
 e of routine jobs– is changing the characteristics of the labor market. T
 his has structural implications for the relationship between inflation and 
 unemployment\, the price Phillips Curve (PC). Using data from the European 
 Monetary Union (EMU) and exploiting the fact that job polarization accelera
 tes during recessions\, we obtain two empirical results. First\, countries 
 experiencing a bigger shift in the occupational structure during a downturn
  exhibit a flatter PC afterward. Second\, the occupational shifts experienc
 ed during the Great Recession and the Sovereign Debt Crisis explain up to a
  fourth of the flattening of the curve in the 2002-2018 period. Then\, we r
 econcile this evidence through a New Keynesian model with unemployment and 
 search and matching frictions. We show that increasing labor market fluidit
 y –i.e. higher separation and hiring rate– decreases the slope of the P
 C. Using micro-data\, we find that in the EMU non-routine jobs are more flu
 id. We conclude that job polarization flattened the PC.\\n\\nContact: Ewen 
 Gallic: ewen.gallic[at]univ-amu.frAvner Seror: avner.seror[at]univ-amu.frAn
 dreas Dibiasi: andreas.dibiasi[at]univ-amu.frCéline Poilly: celine.poilly[
 at]univ-amu.fr\n\nPlus d'informations: https://www.amse-aixmarseille.fr/en/
 events/daniele-siena-0
LOCATION:Îlot Bernard du Bois - Amphithéâtre\, AMU - AMSE\, 5-9 boulevar
 d Maurice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://www.amse-aixmarseille.fr/en/events/daniele-siena-0
CONTACT:Ewen Gallic: ewen.gallic[at]univ-amu.frAvner Seror: avner.seror[at]
 univ-amu.frAndreas Dibiasi: andreas.dibiasi[at]univ-amu.frCéline Poilly: c
 eline.poilly[at]univ-amu.fr
TRANSP:OPAQUE
END:VEVENT
END:VCALENDAR