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Job Satisfaction and Trade Union Membership in Germany
Goerke, Laszlo; Huang, Yue - 2022
estimation models, we investigate whether the effects vary by gender, age, birth year, and employment status …
Persistent link: https://www.econbiz.de/10014079146
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Overeducation at the Start of the Career - Stepping Stone or Trap?
Baert, Stijn; Cockx, Bart; Verhaest, Dieter - 2012
This study investigates whether young unemployed graduates who accept a job below their level of education accelerate or delay the transition into a job that matches their level of education. We adopt the Timing of Events approach to identify this dynamic treatment effect using monthly calendar...
Persistent link: https://www.econbiz.de/10010282055
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Fiscal policy and Dutch disease
van der Ploeg, Frederick - 2011
In this paper we revisit the Dutch disease paying particular attention to the role of specific factors of production and capital stock dynamics. The main insight is that if the natural resource rich windfall is substantial but not large enough for the country to become a rentier, capital goods...
Persistent link: https://www.econbiz.de/10010274754
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Monopolistic Competition, Optimum Product Diversity, and International Trade - the Role of Factor Endowment and Factor Intensities
Marjit, Sugata; Mandal, Biswajit - 2021
In this paper we revisit the influential theory of monopolistic competition and optimum product variety as developed by Dixit and Stiglitz (1977) with applications in international trade by Krugman (1979,1980), by modeling fixed and variable costs of production in terms of underlying use of...
Persistent link: https://www.econbiz.de/10013215667
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Market entry costs, underemployment and international trade
Bougheas, Spiros; Riezman, Raymond - 2010
underemployment. Furthermore, we examine the welfare implications of trade liberalization and find that under certain conditions the …
Persistent link: https://www.econbiz.de/10010275005
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Short-Time Work Subsidies in a Matching Model
Meier, Volker - 2019
We consider positive and normative aspects of subsidizing work arrangements where subsidies are paid in time of low demand and reduced working hours so as to stabilize workers’ income. In a matching framework such an arrangement increases labor demand. Tightening eligibility to short-time work...
Persistent link: https://www.econbiz.de/10012892292
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Education, Lack of Complementary Investment and Underemployment in an Open Economy
Marjit, Sugata; Ahuja, Rashmi; Pandey, Abhilasha - 2021
underemployment. Our paper offers to look at skill formation as a demand side problem not as a traditional supply side problem and … group leading to underemployment through the expansion of the informal sector. Both effects are due to shortage of …
Persistent link: https://www.econbiz.de/10013213779
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Structural Unemployment, Underemployment, and Secular Stagnation
Hashimoto, Ken-Ichi - 2020
economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … underemployment. In contrast, the effects of wage and cost shocks depend on the degree of aggregate demand shortage, but they can … explain movements of unemployment and underemployment in opposite directions. Finally, we show that fluctuations in the total …
Persistent link: https://www.econbiz.de/10012832192
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Short-Time Work and Precautionary Savings
Gehrke, Britta; Dengler, Thomas - 2022
In the Covid-19 crisis, most OECD countries have used short-time work (subsidized working time reductions) to preserve employment relationships. This paper studies whether short-time work can save jobs through stabilizing aggregate demand in recessions. First, we show that the consumption risk...
Persistent link: https://www.econbiz.de/10014079142
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The Role of Short-Time Work and Discretionary Policy Measures in Mitigating the Effects of the COVID-19 Crisis in Germany
Christl, Michael; Poli, Silvia De; Hufkens, Tine; … - 2021
In this paper, we investigate the impact of the COVID-19 pandemic on German household income using a micro-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the German labour market. We find the consequences of the...
Persistent link: https://www.econbiz.de/10013227481