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Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10011404834
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10012120538
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10010884429
In this paper we analyze the relationship between unemployment and consumption. We study this relationship with panel … empirical results indicate that an increase in the duration of unemployment spells of male household heads is associated with … institutional frameworks. Given that the coverage and generosity of social welfare institutions are both higher in the North, and …
Persistent link: https://www.econbiz.de/10009781654
Persistent link: https://www.econbiz.de/10009503455
Persistent link: https://www.econbiz.de/10009503458
We use a unique dataset to estimate the impact of a large credit supply shock on employment in Spain. We exploit marked differences in banks ́health at the onset of the Great Recession. Several weak banks were rescued by the State and they reduced credit more than other banks. We compare...
Persistent link: https://www.econbiz.de/10010223447
Over the last quarter century, the Spanish unemployment rate has gone from 3.5 per cent to 24 per cent of the labor … shocks and institutions behind it, and provide a set of policy implications derived from our analysis. …
Persistent link: https://www.econbiz.de/10011507890
labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …
Persistent link: https://www.econbiz.de/10008757525
The age at which children leave the parental home differs considerably across countries. We present a theoretical model predicting that higher job security of parents and lower job security of children may delay emancipation. We then provide aggregate evidence which supports this hypothesis for...
Persistent link: https://www.econbiz.de/10011402589