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and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal … differences is that Southern European workers are less likely to find employment following displacement. Loss of employer …
Persistent link: https://www.econbiz.de/10012938696
. We combine administrative data on all firms in Spain with a matched bank-firm-loan dataset on the universe of corporate …
Persistent link: https://www.econbiz.de/10012479414
This paper studies the impact of process and product innovations introduced by firms on employment growth in these … firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to … innovative and unchanged products is developed and estimated using comparable firm-level data from France, Germany, Spain and the …
Persistent link: https://www.econbiz.de/10012464431
We exploit an unanticipated labor market reform in 2012 Spain to estimate the effects of pro-cyclical changes in long …-in-differences design, we document that shorter benefits caused (i) shorter non-employment duration, especially among younger workers; (ii …) higher labor force exit and other programs' take-up, especially among older workers; (iii) lower re-employment wages. The …
Persistent link: https://www.econbiz.de/10013334518
Similar to other OECD countries, labor force participation rates of Spanish older workers were falling until the mid-1990s when there was a reversal in the trend. Labor force participation rates of Spanish men have been increasing since then, although at a slower pace than in other OECD...
Persistent link: https://www.econbiz.de/10012453082
implement a case-study on the response of banks in France, Germany, Italy and Spain to a monetary tightening. The episode we …
Persistent link: https://www.econbiz.de/10012471558
complements because they make news discovery easier. We use Spain as a natural experiment because Google News shut down altogether …
Persistent link: https://www.econbiz.de/10012510625
We use a detailed micro dataset on product availability to construct a direct high-frequency measure of consumer product shortages during the 2020-2021 pandemic. We document a widespread multi-fold rise in shortages in nearly all sectors early in the pandemic. Over time, the composition of...
Persistent link: https://www.econbiz.de/10012629429
, model parameters, the base scenario, and key simulation results comparing the USA to Germany, France, and Spain. …
Persistent link: https://www.econbiz.de/10012806588
Many households hold little wealth, especially liquid wealth. In precautionary savings models, absent preference heterogeneity, these households should display not only higher marginal propensities to consume (MPCs), but also lower average propensities to consume (APCs) and higher future...
Persistent link: https://www.econbiz.de/10012479167