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We study price-setting behavior in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand shortages dominate in the short run. A reported … percentage points. These results imply a role for aggregate demand stabilization policy to buffer the economic consequences of …
Persistent link: https://www.econbiz.de/10012269464
This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand … conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …
Persistent link: https://www.econbiz.de/10012822493
. Over the period 1996-2019, faced with an idiosyncratic energy price increase, firms reduce their energy demand, improve … pass-through the cost shock fully on their export prices. Their production, exports and employment fall. A consequence of …
Persistent link: https://www.econbiz.de/10014377522
Naturalization may be a relevant policy instrument affecting immigrant integration in host-country labor markets. We study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and exploit a reform of naturalization rules in an instrumental...
Persistent link: https://www.econbiz.de/10012908608
participation, which also leads to an increase in their employment probability. Our analysis considers within- and between …-effect). Furthermore, we demonstrate that partners’ employment in low-paid jobs has an effect on women’s labor market choices and outcomes …
Persistent link: https://www.econbiz.de/10012892209
This paper revisits an important analysis of enterprise zones (EZs) by Ham, Swenson, İmrohoroğlu, and Song (2011), who report substantial poverty reductions from state and federal EZs, as well as improvements in other labor market outcomes. In our re-analysis, we find that a data error...
Persistent link: https://www.econbiz.de/10012864932
preferences for public sector employment and employers. In fixed effects specifications, we demonstrate that feelings of job …
Persistent link: https://www.econbiz.de/10013216256
attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations … the employment of less attached workers when the central bank follows an average inflation targeting rule and when the …
Persistent link: https://www.econbiz.de/10013308104
poor re-employment outcomes …
Persistent link: https://www.econbiz.de/10014243686
In this paper, we show that the wage assimilation of immigrants is the result of the intricate interplay between individual skill accumulation and dynamic equilibrium effects in the labor market. When immigrants and natives are imperfect substitutes, increasing immigrant inflows widen the wage...
Persistent link: https://www.econbiz.de/10013216254