Showing 11 - 20 of 127
employment and wages in the United States. Guided by a pre-analysis plan, we document that COVID-19 increased the unemployment … their labor market outcomes affected, while workers working in proximity to coworkers are more affected. The unemployment …, these policies increased unemployment by nearly 4 percentage points, but reduced COVID-19 cases by 186,600-311,000, and …
Persistent link: https://www.econbiz.de/10012221891
implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …
Persistent link: https://www.econbiz.de/10012206097
This paper provides new estimates of Okun’s unemployment-output relationship in euro area countries between 1979 and … characterise the literature and that the responsiveness of output to unemployment is driven by idiosyncratic factors in both euro …
Persistent link: https://www.econbiz.de/10015052585
-2019 period, we use Bayesian Model Averaging and quantile regression to assess notably the relevance of unemployment and earnings …. Moreover, one percentage point increase in the difference in the unemployment rate is associated with an increase in net …
Persistent link: https://www.econbiz.de/10013463673
Using nationally representative panel data for 21,799 individuals between May 2018 and April 2020, this paper investigates whether the Covid-19 pandemic was indeed a "Great Leveler" in the sense that it imposed similar and equivalent labour market shocks on different caste groups. We find that...
Persistent link: https://www.econbiz.de/10012252403
surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian … policy ; model uncertainty ; Bayesian model averaging ; unemployment gap ; Taylor rule …
Persistent link: https://www.econbiz.de/10003813633
This paper painstakingly restores a vintage empirical model of unemployment determination by interacting shocks and … institutions, and runs it on recent data featuring dramatic shocks and controversial institutional change. Theoretical insights and … and turns of unemployment rates in Europe and elsewhere. …
Persistent link: https://www.econbiz.de/10011557882
We analyse measures of internal flexibility taken to safeguard employment during the Coronavirus Crisis in comparison to the Great Recession. Cyclical working-time reductions are again a major factor in safeguarding employment. Whereas during the Great Recession all working-time instruments...
Persistent link: https://www.econbiz.de/10012512274
This paper investigates unemployment persistence in the 27 EU member states by applying fractional integration methods …
Persistent link: https://www.econbiz.de/10012668044
2010-2018. Using Jordà's (2005) local projection method, we find that unemployment rates decline in response to …. In the periphery countries, the reduction in unemployment rates is relatively pronounced, while in the core countries it …
Persistent link: https://www.econbiz.de/10013453816