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The official unemployment rate has become an inadequate measure of labor market conditions. This poses a major challenge for basic research as well as for the formulation of adequate economic policy. We propose a new definition of the unemployment rate by weighing part-time workers with 62.5%,...
Persistent link: https://www.econbiz.de/10012141060
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...
Persistent link: https://www.econbiz.de/10012179740
the proportion of time they worked relative to full-time workers prior to the pandemic. In addition, in contrast to the …
Persistent link: https://www.econbiz.de/10012830104
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...
Persistent link: https://www.econbiz.de/10012859048
The official unemployment rate has become an inadequate measure of labor market conditions. This poses a major challenge for basic research as well as for the formulation of adequate economic policy. We propose a new definition of the unemployment rate by weighing part-time workers with 62.5%,...
Persistent link: https://www.econbiz.de/10012861417
The COVID-19 pandemic and its mobility restrictions have been an external shock, influencing wellbeing. However, does … differential timing of the effect of the pandemic across European countries, and the different stringency of lockdown to examine … lockdown took effect. However, such effects are wiped out when a country exhibits high mortality ('pandemic category 5'). Hence …
Persistent link: https://www.econbiz.de/10013353408
pandemic. Beyond the consideration of vaccine dissemination at the disaggregated or the local level, the main focus of this … uninsured were less likely to be fully vaccinated against the pandemic and this finding holds across different modeling …
Persistent link: https://www.econbiz.de/10014290107
the early phase of the pandemic. We use a monthly consumption survey specifically designed by the German Statistical …
Persistent link: https://www.econbiz.de/10014290307
This paper compares drivers of full COVID-19 vaccinations and booster doses across U.S. counties. Booster doses are contingent upon someone receiving the primary doses, and the risk attitudes and propensities to get vaccinated may be different across individuals, along with the supply chain...
Persistent link: https://www.econbiz.de/10014377533
We study determinants of COVID-19 vaccine donations from recipients' perspective, especially considering supply chain and institutional weakness (corruption) aspects. Results, based on data from more than 131 nations, show that strengthened supply chains reduced donations. The impacts of...
Persistent link: https://www.econbiz.de/10014469784