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Unemployment, Market Work and Household Production
Burda, Michael C.; Hamermesh, Daniel S. - Institute for the Study of Labor (IZA) - 2009
additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment … lower amount of market work in areas of long-term high unemployment is offset by additional household production. In … contrast, in those areas where unemployment has risen cyclically reduced market work is made up almost entirely by additional …
Persistent link: https://www.econbiz.de/10005822666
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Payroll Taxes, Social Insurance and Business Cycles
Burda, Michael C.; Weder, Mark - Institute for the Study of Labor (IZA) - 2010
frictions and unemployment insurance, when the latter is only imperfectly related to search effort. A balanced social insurance … volatility and persistence of vacancies and unemployment. …
Persistent link: https://www.econbiz.de/10008611305
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What Explains the German Labor Market Miracle in the Great Recession?
Burda, Michael C.; Hunt, Jennifer - Institute for the Study of Labor (IZA) - 2011
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers' reticence to hire in the preceding expansion, associated in part with a lack of confidence it would last, contributed to an employment shortfall equivalent to 40...
Persistent link: https://www.econbiz.de/10009144850
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The Distribution of Total Work in the EU and US
Burda, Michael C.; Hamermesh, Daniel S.; Weil, Philippe - Institute for the Study of Labor (IZA) - 2006
Using two time-diary data sets each for Germany, Italy the Netherlands and the U.S. from 1985-2003, we demonstrate that Americans work more than Europeans: 1) in the market; 2) in total (market and home production)-- there is no one-for-one tradeoff across countries in total work; 3) at unusual...
Persistent link: https://www.econbiz.de/10005703553