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The Costs of Job Displacement over the Business Cycle and Its Sources : Evidence from Germany
Schmieder, Johannes; Wachter, Till von; Heining, Jörg - National Bureau of Economic Research - 2022
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns. A large part of the long-term earnings losses...
Persistent link: https://www.econbiz.de/10013334381
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A Final Report Card on the States' Response to COVID-19
Kerpen, Phil; Moore, Stephen; Mulligan, Casey B. - National Bureau of Economic Research - 2022
Almost exactly two years ago COVID-19 spread to the United States. Following the federalism model, the 50 states and their governors and legislators made many of their own pandemic policy choices to mitigate the damage from the virus. States learned from one another over time about what policies...
Persistent link: https://www.econbiz.de/10013191023
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Minimum Wage Effects Within Census Based Statistical Areas : A Matched Pair Cross-Border Analysis
Taylor, Garrett C.; West, James E. - National Bureau of Economic Research - 2023
Using monthly data from major U.S. metropolitan areas that span state borders, we estimate the elasticity of employment with respect to the minimum wage using a difference-in-differences design with continuous treatment in two-digit industries of 71 (Arts, Entertainment and Recreation) and 72...
Persistent link: https://www.econbiz.de/10014250213
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Foreign Demand Shocks to Production Networks : Firm Responses and Worker Impacts
Dhyne, Emmanuel; Kikkawa, Ayumu Ken; Komatsu, Toshiaki; … - National Bureau of Economic Research - 2022
estimates of firm responses suggest that Belgian firms pass on a large share of a foreign demand shock to their domestic …
Persistent link: https://www.econbiz.de/10013388803
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On the Timing and Efficiency of Creative Destruction
Caballero, Ricardo J. - 1994
. Government incentives to production may alleviate high unemployment in this economy, but at the cost of exacerbating sclerosis …
Persistent link: https://www.econbiz.de/10012474151
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Local Variation in Onsite Work during the Pandemic and its Aftermath
Abraham, Katharine G.; Ashoori, Mohammad; Darzi, Aref; … - National Bureau of Economic Research - 2024
Using longitudinal data on the location of mobile devices, we provide new evidence on the evolution of onsite work (OSW) over the course of the pandemic and its aftermath. We start with a large sample of individuals who, based on their mobile device activity, had a job at which they worked...
Persistent link: https://www.econbiz.de/10014468242
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How Do Supply Shocks to Inflation Generalize? Evidence from the Pandemic Era in Europe
Acharya, Viral V.; Crosignani, Matteo; Eisert, Tim; … - National Bureau of Economic Research - 2023
We document how supply-chain pressures, household inflation expectations, and firm pricing power interacted to induce the pandemic-era surge in consumer price inflation in the euro area. Initially, supply-chain pressures increased inflation through a cost-push channel and raised inflation...
Persistent link: https://www.econbiz.de/10014421216
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The Reservation Wage of Unemployed Persons in the Federal Republic of Germany : Theory and Empirical Tests
Franz, Wolfgang - 1980
ambiguity of some explanatory variables. The data basis are unemployed persons leaving the unemployment register within a given … unemployment compensation play minor roles …
Persistent link: https://www.econbiz.de/10012478551
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Frictional Wage Dispersion in Search Models : A Quantitative Assessment
Hornstein, Andreas - 2007
Standard search and matching models of equilibrium unemployment, once properly calibrated, can generate only a small …
Persistent link: https://www.econbiz.de/10012465034
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Reservation Wages and Unemployment Insurance
Shimer, Robert - 2006
welfare. This insight leads to a novel test for the optimality of unemployment insurance based on the responsiveness of … reservation wages to unemployment benefits. Some existing estimates imply significant gains to raising the current level of … unemployment benefits in the United States, but highlight the need for more research on the determinants of reservation wages. Our …
Persistent link: https://www.econbiz.de/10012466043