Showing 1 - 10 of 1,652
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
the COVID-19 shock translates into a noticeable reduction in gross labor income across the entire income distribution …
Persistent link: https://www.econbiz.de/10012383744
offset furlough-induced income reductions. This creates wealth inequality but lowers the probability a furloughed worker …
Persistent link: https://www.econbiz.de/10012619269
explain not only the spread of the disease, but also cross-country spillovers in perceptions about coronavirus risk and in … social distancing behavior. In the early phases of the pandemic, perceptions of coronavirus risk in most countries are … adjustments. Unemployment responses vary widely across countries. Unemployment is particularly responsive to health shocks in the …
Persistent link: https://www.econbiz.de/10012263745
effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and … the impact of the shock on individuals’ economic choices. Wealth shocks are large across the population, but more …
Persistent link: https://www.econbiz.de/10012206687
unemployment rise, yet they contributed to income inequality under certain conditions. These results provide insight into the …This report analyses the economic consequences of the coronavirus pandemic and support policies using underutilized … drastically increased. Average pre-tax labor income decreased by 5%, largely due to increased unemployment among part-time workers …
Persistent link: https://www.econbiz.de/10014310061
per capita) mediated by product vulnerabilities. We account for the precise lag between when the COVID-19 shock hit the … a lower degree of complexity negatively affected exports as a result of this shock. …
Persistent link: https://www.econbiz.de/10013167964
We study the determinants of individual aversion to health and income inequality in three European countries and the … population in each country. Comparing levels of health- and income-inequality aversion in the UK between the years 2016 and 2020 … we find a significant increase in inequality aversion in both income and health domains. Inequality aversion is higher in …
Persistent link: https://www.econbiz.de/10012603145
factors from trade-related spillovers, and identify the Covid-19 shock using GDP growth forecast revisions of the IMF in 2020Q …
Persistent link: https://www.econbiz.de/10012293790
This study is, to the best of our knowledge, the first analysis of apprenticeship supply that allows us to analyse the effects of the shutdowns triggered by the COVID-19 pandemic before, during and after these shutdowns by means of daily searches for vacant apprenticeships. Analysing over 10...
Persistent link: https://www.econbiz.de/10012510140