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15 Years of Pension Reform in Germany: Old Successes and New Threats
Bonin, Holger - Institute for the Study of Labor (IZA) - 2009
-term sustainability. We argue that the latest reforms have moved pension provision in Germany in principle from a defined benefit to a …
Persistent link: https://www.econbiz.de/10008632741
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A Decade of Labour Market Reforms in the EU: Insights from the LABREF Database
Turrini, Alessandro; Koltay, Gabor; Pierini, Fabiana; … - Institute for the Study of Labor (IZA) - 2014
This paper analyses the determinants and impact of labour market reforms in the European Union over the period of 2000-2011. The source of information on reforms is the LABREF database developed in DG ECFIN of the European Commission in cooperation with the Economic Policy Committee of the...
Persistent link: https://www.econbiz.de/10010884385
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Detecting Mortgage Delinquencies
Askitas, Nikos; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2011
Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is often obstructed by insufficient lagged data. This paper evaluates search intensity for "hardship letter" from Google Insights to detect ensuing mortgage delinquencies. Such...
Persistent link: https://www.econbiz.de/10009225764
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Surviving the Crisis: Foreign Multinationals vs Domestic Firms in Ireland
Godart, Olivier; Görg, Holger; Hanley, Aoife - Institute for the Study of Labor (IZA) - 2011
Starting from the observation that all firms in Ireland (foreign and domestic in manufacturing and services industries) were hit by the crisis, the paper asks whether there is a difference in the behaviour of foreign and domestic firms. One hypothesis is that foreign multinationals are less...
Persistent link: https://www.econbiz.de/10009225778
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Bad Bank(s) and Recapitalization of the Banking Sector
Schäfer, Dorothea; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2009
-out unit, a so-called bad bank. The key element of the plan is the valuation of troubled assets at their current market value … recapitalize the good bank by taking an equity stake in it. In extreme cases, this would mean a takeover of the bank by the …. A clear emphasis that the government stake is temporary would also be necessary. The government would cover the bad bank …
Persistent link: https://www.econbiz.de/10008632733
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Does Human Capital Protect Workers against Exogenous Shocks? South Africa in the 2008-2009 Crisis
Leung, Ron; Stampini, Marco; Vencatachellum, Désiré - Institute for the Study of Labor (IZA) - 2009
The financial and economic crisis of 2008 and 2009 has taken its toll on the South African economy. The economy contracted for the first time since 1998, and entered recession during the fourth quarter of 2008. The GDP contraction was soon transmitted to the labor market. Between the second...
Persistent link: https://www.econbiz.de/10008514864
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Who Is Hit Hardest during a Financial Crisis? The Vulnerability of Young Men and Women to Unemployment in an Economic Downturn
Verick, Sher - Institute for the Study of Labor (IZA) - 2009
The current financial and economic crisis has resulted in the worst global recession since World War II. The subsequent destruction of jobs and increased duration of joblessness will ensure that unemployment across the world will continue to rise and stay stubbornly high for some time to come,...
Persistent link: https://www.econbiz.de/10004976899
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Health and Well-Being in the Crisis
Askitas, Nikos; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2011
search data to document how the great economic crisis has affected people’s well-being and health studying the US, Germany … three areas (US, Germany and the G8) are found, which are coincident with the crisis and its contagion timeline. An array of …
Persistent link: https://www.econbiz.de/10008926959
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Global Pension Systems and Their Reform: Worldwide Drivers, Trends, and Challenges
Holzmann, Robert - Institute for the Study of Labor (IZA) - 2012
Across the world, pension systems and their reforms are in a constant state of flux driven by shifting objectives, moving reform needs, and a changing enabling environment. The ongoing worldwide financial crisis and the adjustment to an uncertain “new normal” will make future pension systems...
Persistent link: https://www.econbiz.de/10011183994
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The Effect of Unemployment on Self-Reported Health and Mental Health in Greece from 2008 to 2013: A Longitudinal Study Before and During the Financial Crisis
Drydakis, Nick - Institute for the Study of Labor (IZA) - 2014
The current study uses six annual waves of the Longitudinal Labor Market Study (LLMS) covering the 2008-2013 period to obtain longitudinal estimations suggesting statistically significant negative effects from unemployment on self-reported health and mental health in Greece. The specifications...
Persistent link: https://www.econbiz.de/10011106166