Showing 1 - 10 of 295
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …
Persistent link: https://www.econbiz.de/10009246610
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10005666858
We analyse the impact of increased immigration on labour market outcomes of natives in Germany using a dataset of … previous level. Especially for unemployment we find large effects of an increased foreign share. We conjecture that these … results might be spurious. Foreigners tend to be concentrated in lower unemployment areas but unemployment tends to be mean …
Persistent link: https://www.econbiz.de/10005504240
The purpose of this paper is to link the twin horns of the European economic dilemma - unemployment and a loss in … international competitiveness - to a lack of innovative activity. In Germany the Innovationskrise (innovation crisis) combines with … the Standortkrise (location crisis) and the Arbeitslosenkrise (unemployment crisis) to form a triad of economic challenges …
Persistent link: https://www.econbiz.de/10005661481
survey data of a representative inflow sample into unemployment in Germany, we empirically test the hypothesis that …
Persistent link: https://www.econbiz.de/10008854550
We study the determination of Irish inflation between 1926 and 2012. The difference between unemployment and the NAIRU …
Persistent link: https://www.econbiz.de/10011272719
We argue that firms’ balance sheets were instrumental in the propagation of shocks during the Great Recession. Using establishment-level data, we show that firms that tightened their debt capacity in the run-up (“high-leverage firms”) exhibit a significantly larger decline in employment in...
Persistent link: https://www.econbiz.de/10011252614
the indirect wage effect resulting from lower unemployment risks and shorter spells in unemployment associated with higher … educated. We analyse the returns to education in Austria, Germany, Italy, Sweden and the United Kingdom, countries which differ … accounting for the effects of unemployment on individual wages using EU-SILC data. Across countries we find a high variation of …
Persistent link: https://www.econbiz.de/10009293660
This paper develops a theory characterizing the effects of fiscal policy on unemployment over the business cycle. The … theory is based on a model of equilibrium unemployment in which jobs are rationed in recessions. Fiscal policy in the form of … government spending on public-sector jobs reduces unemployment, especially during recessions: the fiscal multiplier …
Persistent link: https://www.econbiz.de/10009324257
and the unemployment rate in U.S. data since 1929. Second, it compares a new model of the economy developed in recent …
Persistent link: https://www.econbiz.de/10009351524