Showing 1 - 10 of 149
We use a unique dataset to estimate the impact of a large credit supply shock on employment in Spain. We exploit marked differences in banks' health at the onset of the Great Recession. Several weak banks were rescued by the State and they reduced credit more than other banks. We compare...
Persistent link: https://www.econbiz.de/10010722699
time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all …
Persistent link: https://www.econbiz.de/10005703134
experiment, based on representative household panel data. The results indicate that the insurance effect of a more forgiving …
Persistent link: https://www.econbiz.de/10008804593
This paper takes a retrospective look at the U.S. government's effort to rescue and restructure General Motors and Chrysler in the midst of the 2009 economic and financial crisis. The paper describes how two of the largest industrial companies in the world came to seek a bailout from the U.S....
Persistent link: https://www.econbiz.de/10011196652
This paper considers testing the hypothesis that errors in a panel data model are weakly cross sectionally dependent … the range [0, 1/4], for all combinations of N and T, and irrespective of whether the panel contains lagged values of the …
Persistent link: https://www.econbiz.de/10010990929
This paper considers determinants of physical-functional limitations in daily-life activities at high ages. Specifically, we quantify the extent to which the impact of adverse life events on this outcome is larger in case of exposure to adverse economic conditions early in life. Adverse life...
Persistent link: https://www.econbiz.de/10010884074
The production and diffusion of knowledge have increasingly been seen as potential causes of the observed international differences in total factor productivity and, in turn, as possible sources of economic growth. This paper presents the results of a causality study between business visits and...
Persistent link: https://www.econbiz.de/10010884105
grown up, moved to their own home and partnered themselves. German panel evidence shows that transmission of (un …-versa, long after the 'children' have left home. Data come from 25 waves of the German Socio-Economic Panel Survey (SOEP, 1984 …-2008). SOEP is the only panel survey worldwide in which data on life satisfaction have been obtained from parents and an adequate …
Persistent link: https://www.econbiz.de/10010884209
We propose using sign restrictions to identify regional labor demand shocks in a panel VAR of US federal states …
Persistent link: https://www.econbiz.de/10010884319
This paper investigates whether education and working in a physically demanding job causally impact temporary work incapacity, i.e. sickness absence, and permanent work incapacity, i.e. the inflow to disability via sickness absence. Our contribution is to allow endogeneity of both education and...
Persistent link: https://www.econbiz.de/10010889998