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Job Loss in the Great Recession : Historical Perspective from the Displaced Workers Survey, 1984-2010

Farber, Henry S. - 2011

The Great Recession from December 2007 to June 2009 is associated with a dramatic weakening of the labor market from which the labor market is now only slowly recovering. The unemployment rate remains stubbornly high and durations of unemployment are unprecedentedly long. I use data from the...

Persistent link: https://www.econbiz.de/10012461618

Temporary Layoffs, Loss-of-Recall and Cyclical Unemployment Dynamics

Gertler, Mark; Huckfeldt, Christopher K.; Trigari, Antonella - National Bureau of Economic Research - 2022

We revisit the role of temporary layoffs in the business cycle, motivated by their unprecedented surge during the pandemic recession. We first measure the contribution of temporary layoffs to unemployment dynamics over the period 1979 to the present. While many have emphasized a stabilizing...

Persistent link: https://www.econbiz.de/10013334353

Experience Rating as an Automatic Stabilizer

Duggan, Mark G.; Johnston, Andrew; Guo, Audrey - National Bureau of Economic Research - 2022

Unemployment insurance taxes are experience-rated to penalize firms that dismiss workers. We examine whether experience rating acts as an automatic stabilizer in the labor market. We exploit the fact that penalties for layoffs vary by state using detailed data on state tax schedules, and we...

Persistent link: https://www.econbiz.de/10013462699

The Gender Gap in Earnings Losses after Job Displacement

Illing, Hannah; Schmieder, Johannes; Trenkle, Simon - National Bureau of Economic Research - 2021

for women is scarce. Using administrative data from Germany, we apply an event study design in combination with propensity …

Persistent link: https://www.econbiz.de/10012629471

Searching for Job Security and the Consequences of Job Loss

Jarosch, Gregor - National Bureau of Economic Research - 2021

Job loss comes with large present value earnings losses which elude workhorse models of unemployment and labor market policy. I propose a parsimonious model of a frictional labor market in which jobs differ in terms of unemployment risk and workers search off- and on-the-job. This gives rise to...

Persistent link: https://www.econbiz.de/10012482696

Does Pain Lead to Job Loss? A Panel Study for Germany

Piper, Alan T.; Blanchflower, David G.; Bryson, Alex - National Bureau of Economic Research - 2021

The cross-sectional association between pain and unemployment is well-established. But the absence of panel data containing data on pain and labor market status has meant less is known about the direction of any causal linkage. Those longitudinal studies that do examine the link between pain and...

Persistent link: https://www.econbiz.de/10012533412

Firing Costs, Employment Fluctuations and Average Employment : An Examination of Germany

Hunt, Jennifer - 1994

West Germany's Employment Promotion Act of 1985 facilitated the use of fixed term contracts and increased the number of …

Persistent link: https://www.econbiz.de/10012474090

What Can Stockouts Tell Us About Inflation? Evidence from Online Micro Data

Cavallo, Alberto; Kryvtsov, Oleksiy - National Bureau of Economic Research - 2021

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

Unemployment in the Great Recession : A Comparison of Germany, Canada and the United States

Hoffmann, Florian - 2014

States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … did not change substantially in Germany, increased and remained at relatively high levels in the United States, and … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains …

Persistent link: https://www.econbiz.de/10012457972

Structural and Cyclical Forces in the Labor Market During the Great Recession : Cross-Country Evidence

Sala, Luca - 2012

price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and … factors were also important in the U.K., but less so in Sweden and Germany. Reduced matching efficiency was considerably less … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …

Persistent link: https://www.econbiz.de/10012460226

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