Showing 1 - 10 of 27
Persistent link: https://www.econbiz.de/10003314698
The paper analyses the potential impact of stock market developments on lending behaviour from different perspectives. First we scrutinize the impact of stock market movements on the banks’ and on the borrowers’ balance sheets. Subsequently we estimate aggregate credit supply and demand...
Persistent link: https://www.econbiz.de/10003342766
periods and the size of unemployment benefits on unemployment durations and post{unemployment earnings in West Germany. For … the unemployment duration, we estimate censored Box{Cox quantile regression, which is robust with respect to the … the length of benefit entitlement is only of minor importance for the duration of search unemployment and for post …
Persistent link: https://www.econbiz.de/10003435417
Recent labor market reforms in Germany aim, among other things, at reducing unemployment by restricting passive … unemployment measures, emphasizing local labor market policies and re-structuring public employment services. This paper uses … contribute to the shortening of unemployment duration. For this purpose, we estimate a semi-parametric duration model with three …
Persistent link: https://www.econbiz.de/10003404769
In this paper, we estimate the effect of different macro and micro variables on thedistribution of unemployment … duration in West Germany using censored quantile regressions. We analyze unemployment periods of more than 91,000 observations … indicating the macroeconomic environment such as the unemployment rate have a weak effect only. On the other hand, variables …
Persistent link: https://www.econbiz.de/10003671016
In 1997, the German government enacted a reform of the unemployment insurance system which lead to a reduction of the … maximum entitlement length for unemployment benefits. The paper analyses the effects of this reform on the risk of … unemployment and on unemployment duration of the older unemployed aged 54-56. This group lost a smooth early retirement path via …
Persistent link: https://www.econbiz.de/10003671087
dependent competing risks. We apply our framework to empirically evaluate the effect of unemployment benefits on observed … migration of unemployed workers in Germany. Our findings weakly indicate that reducing the entitlement length for unemployment …
Persistent link: https://www.econbiz.de/10003517267
finite sample properties and our implementation appears to be very fast. A small application to German unemployment duration … level of social benefits has a strong impact on the length of long term unemployment for low earners and fertility is … related with longer unemployment periods of females. …
Persistent link: https://www.econbiz.de/10003527620
periods and the size of unemployment benefits on unemployment durations and post-unemployment earnings in West Germany. For … the unemployment duration, we estimate censored Box-Cox quantile regression, which is robust with respect to the … the length of benefit entitlement is only of minor importance for the duration of search unemployment and for post …
Persistent link: https://www.econbiz.de/10003531843
We estimate the effect of a shortening of unemployment benefit entitlements on unemployment duration. Previous studies … effect. We find evidence that the unemployed with higher pre-unemployment earnings are more likely to enter full …-in-differences ; unemployment duration ; unemployment benefits …
Persistent link: https://www.econbiz.de/10009550688