Showing 1 - 10 of 411
This paper estimates the effect of payroll tax cuts on firm-level employment and balance-sheet outcomes during economic … Great Recession, we estimate that the payroll tax cuts had limited effects on employment and balance-sheet outcomes of firms … by the previously enacted payroll tax cuts in treated firms. These employment effects are exacerbated for men and low …
Persistent link: https://www.econbiz.de/10012495699
inflation from its trend, implying that the more demand-driven a recession, the higher the multiplier. Median multipliers range …
Persistent link: https://www.econbiz.de/10013174156
This article reviews recent research findings on the effects of fiscal multipliers in normal times, during booms/busts, and in the presence of the zero lower bound. Studies on the effects of fiscal policy in open economy settings as well as contributions on the fiscal-monetary policy mix are...
Persistent link: https://www.econbiz.de/10011933907
sector employment to estimate the local employment multiplier. We find that the introduction of one public sector employment … neighborhoods; this effect is also localized. Lastly, by estimating the local employment multiplier for each relocation site, we … document the heterogeneity of the local employment multiplier and provide suggestive evidence that this het-erogeneity is …
Persistent link: https://www.econbiz.de/10014450751
discrimination can be better-off, due to the increased buyer participation.This paper estimates the size of the media multiplier, a … coverage in issuing countries reporting on violent events in the destinations. To define and quantify the media multiplier we …
Persistent link: https://www.econbiz.de/10014334284
In this paper, we outline material and capital linkages across sectors to quantify the role of the German production network in amplifying sectoral dynamics on aggregate trend gross domestic product growth. This allows us to study the impact of sectoral labor input and total factor productivity...
Persistent link: https://www.econbiz.de/10014528208
This paper empirically examines the impact of labour market counter-reforms on real GDP per capita and employment … employment protection legislation (EPL), which we further split into counter-reforms for regular and temporary workers, and …
Persistent link: https://www.econbiz.de/10014578524
This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...
Persistent link: https://www.econbiz.de/10010361496
wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …
Persistent link: https://www.econbiz.de/10012619265
explanation for several seemingly unrelated facts about employment growth in macro and micro data. In particular, they generate … of employment growth to TFP shocks estimated from Census data induce significant skewness, movements in volatility and …
Persistent link: https://www.econbiz.de/10011637667