implement a case-study on the response of banks in France, Germany, Italy and Spain to a monetary tightening. The episode we …

and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal …We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark … differences is that Southern European workers are less likely to find employment following displacement. Loss of employer …

the variation in peak manufacturing employment shares …

credit, and reduce their employment and capital. However, when policy rates are constrained by the effective lower bound …, demand effects are stronger, leading firms to raise their prices more and no longer reduce their employment …

failures represent 3.1 percent of private sector employment. Despite the large impact on business failures and employment, we …

This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain …