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Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in …, the economy contracted by more than it had since the Great Depression. A slow and steady recovery followed the Great …
Persistent link: https://www.econbiz.de/10012405441
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10011845664
We exploit the extensive job loss associated with the devastating fourth wave of COVID-19 in Vietnam to examine the …
Persistent link: https://www.econbiz.de/10013358756
How do labour market policies influence employment's responsiveness to output fluctuations (employment-output elasticity)? We revisit this question on a panel of OECD countries, which also incorporates the period of the Great Recession. We distinguish between passive and active labour market...
Persistent link: https://www.econbiz.de/10011951685
Persistent link: https://www.econbiz.de/10012485235
This is the first study to evaluate the effects of early pension withdrawal policies on tenures on unemployment payments in the COVID-19 context. We use a novel set of linked whole-of-population administrative records to examine more than half-a-million Australians who found themselves newly on...
Persistent link: https://www.econbiz.de/10013273943
Persistent link: https://www.econbiz.de/10001784325
Persistent link: https://www.econbiz.de/10002005382
The Swedish adult education program known as the Knowledge Lift is unprecedented in its size and scope, aiming to raise the skill level of all low-skilled workers towards the medium level. This paper evaluates the effects of program participation on individual labor market outcomes, notably...
Persistent link: https://www.econbiz.de/10002634363
This paper uses a social experiment in labour market policy - providing early and intensive monitoring and programme participation in unemployment spells - to assess the nature of labour market policy effectiveness. The experiment was conducted in two counties in Denmark during the winter of...
Persistent link: https://www.econbiz.de/10003744491