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By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10011507743
a severe macroeconomic recession with mass unemployment. By the early 1990s, workers on fixed-term contracts accounted …
Persistent link: https://www.econbiz.de/10011409135
We estimate the relationship between investment and unemployment in order to explore whether the medium …
Persistent link: https://www.econbiz.de/10011782019
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011444082
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012211549
Using the Reserve Bank of Australia's MARTIN model we compare actual monetary policy decisions to a counterfactual in which the cash rate is set according to an optimal simple rule. We find that monetary policy played a crucial role in avoiding a potential recession in 2001 and mitigating the...
Persistent link: https://www.econbiz.de/10013380620
propensity score matching and controlling for pre-displacement outcomes. Our overall conclusion is positive: childhood health … affected in terms of parental health, labor market outcomes and separations. Limited effects on family disposable income … suggest that generous unemployment insurance and a dual-earner norm shield families from financial distress, which together …
Persistent link: https://www.econbiz.de/10012064557
Persistent link: https://www.econbiz.de/10003630593
How do sudden, large wealth losses affect mental health? Most prior studies of the causal effects of material well …-being on health use identification strategies involving income increases; these studies as well as prior research on stock … market accumulations may not inform this question if the effect of wealth on health is asymmetric. We use exogenous variation …
Persistent link: https://www.econbiz.de/10009748354
Economists use micro-based and macro-based approaches to assess the macroeconomic return to population health. The … the macroeconomic return to health. We reconcile the two approaches by controlling for the indirect effects of health … of health. Our results show that the macroeconomic return to health lies in the range of plausible microeconomic …
Persistent link: https://www.econbiz.de/10013262768