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Safeguarding Jobs through Labor Hoarding in Germany
Dietz, Martin; Stops, Michael; Walwei, Ulrich - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 61 (2010) Supplement, pp. 125-166
the sharp decrease in GDP the levels of employment and unemployment are still quite stable. One possible reason for the …
Persistent link: https://www.econbiz.de/10008784858
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The Role of Labor Market Institutions in the Great Recession
Boysen-Hogrefe, Jens; Groll, Dominik; Lechthaler, Wolfgang - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 61 (2010) Supplement, pp. 65-88
The recent Great Recession had very heterogeneous effects on the labor market outcomes in industrialized countries. We analyze the role of three labor market institutions in this context, namely the level of firing costs, the existence of short-time work and the wage formation process. This...
Persistent link: https://www.econbiz.de/10008784869
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How Productive Are Government Activities? Evidence from a Sample of OECD Countries
Karras, Georgios - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 53 (2007) 1, pp. 71-86
This paper estimates the productivity of government and private employment, and government and private capital for a … panel of 23 OECD economies over the 1960-2004 period. A simple theoretical model shows that government employment and … find that (i) the output elasticity of private employment is six to seven times higher than government employment’s, (ii …
Persistent link: https://www.econbiz.de/10005819624