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Lending Cycles and Real Outcomes : Costs of Political Misalignment

Bircan, Cagatay; Saka, Orkun - 2021

We document a strong political cycle in bank credit and industry outcomes in Turkey. In line with theories of tactical redistribution, state-owned banks systematically adjust their lending around local elections compared with private banks in the same province based on electoral competition and...

Persistent link: https://www.econbiz.de/10013246909

The Impact of Aggregate Uncertainty on Firm-Level Uncertainty

Easaw, Joshy; Grimme, Christian - 2021

We analyse the extent to which firm-level uncertainty is affected by aggregate uncertainty. Firm-level uncertainty is constructed from a large and monthly panel dataset of manufacturing firms. We find that aggregate uncertainty has a positive and robust impact on firm-level uncertainty. This...

Persistent link: https://www.econbiz.de/10013239562

Trust in public institutions over the business cycle

Stevenson, Betsey; Wolfers, Justin - 2011

institutions. Cross-country comparisons reveal a clear legacy of the Great Recession, and those countries whose unemployment grew …

Persistent link: https://www.econbiz.de/10010274853

Macroeconomic policy in recessions and unemployment hysteresis

Sturn, Simon - In: Applied economics letters 21 (2014) 13/15, pp. 914-917

Persistent link: https://www.econbiz.de/10010418320

Dissecting Okun's law beyond time and frequency

Krüger, Jens; Neugart, Michael - In: Applied economics letters 28 (2021) 20, pp. 1744-1749

Persistent link: https://www.econbiz.de/10012652591

Job uncertainty and deep recessions

Ravn, Morten O.; Sterk, Vincent - 2015

Persistent link: https://www.econbiz.de/10012171543

The effect of unemployment on noncognitive skills

Kleinjans, Kristin J. - In: Applied economics letters 27 (2020) 17, pp. 1387-1390

Persistent link: https://www.econbiz.de/10012313044

Devaluation, exports, and recovery from the Great Depression

Lennard, Jason; Paker, Meredith M. - 2023

Persistent link: https://www.econbiz.de/10014494072

Labour demand in the time of post-COVID-19

Krumel, Thomas Patten; Goodrich, Corey; Fiala, Nathan - In: Applied economics letters 30 (2023) 3, pp. 343-348

Persistent link: https://www.econbiz.de/10013553458

Unemployment in the European Union: Institutions, prices, and growth

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2004

This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …

Persistent link: https://www.econbiz.de/10010276423