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mainly driven via STW. US unemployment rose at an unprecedented rate, but unlike in previous recessions, it was mostly driven …
Persistent link: https://www.econbiz.de/10014285069
exist because of valuable job-matches, unemployment among high-productivity laid-off workers may be optimal from societal … unemployment instead of low-wage jobs, resulting in an inefficient level of unemployment. This paper shows that in such cases, a re …
Persistent link: https://www.econbiz.de/10010276360
We analyze the JobKeeper lump-sum wage subsidy introduced by the Australian government in response to the COVID-19 pandemic, paying particular attention to the role of temporary layoffs in saving jobs. Although temporary layoffs were widely used, we find that recalls of workers on temporary...
Persistent link: https://www.econbiz.de/10012698917
mainly driven via STW. US unemployment rose at an unprecedented rate, but unlike in previous recessions, it was mostly driven …
Persistent link: https://www.econbiz.de/10013368682
Persistent link: https://www.econbiz.de/10013438573
the generosity of unemployment benefits (UB) and short-time work. This paper aims to contribute to the theoretical … unemployment benefits and increasing search efforts, b) a fiscal stimulus and c) short-time work. In contrast to other studies that … from the heterogeneity of agents. I find four main results: 1) a) has nearly no effect on unemployment in the short run and …
Persistent link: https://www.econbiz.de/10012214516
Persistent link: https://www.econbiz.de/10011602776
significantly contribute to the rise in unemployment during the Great Recession. I build a general equilibrium model that uses … significantly contribute to aggregate unemployment fluctuations. …
Persistent link: https://www.econbiz.de/10012136711
unemployment based on the distribution of completed spells will be superior than that based on the distribution of interrupted …
Persistent link: https://www.econbiz.de/10009482188
cyclical fuctuations are typical for both nominal and real variables, e.g. inflation and unemployment. …
Persistent link: https://www.econbiz.de/10011968395