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Labor markets during the covid-19 crisis : a preliminary view
Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020
We use a repeated large-scale survey of households in the Nielsen Homescan panel to characterize how labor markets are being affected by the covid-19 pandemic. We document several facts. First, job loss has been significantly larger than implied by new unemployment claims: we estimate 20 million...
Persistent link: https://www.econbiz.de/10012206097
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The cost of the COVID-19 crisis : lockdowns,macroeconomic expectations, and consumer spending
Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020
We study how the differential timing of local lockdowns due to COVID-19 causally affects households’ spending and macroeconomic expectations at the local level using several waves of a customized survey with more than 10,000 respondents. About 50% of survey participants report income and...
Persistent link: https://www.econbiz.de/10012219342
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Long-term effects of hiring subsidies for unemployed youths : beware of spillovers
Albanese, Andrea; Cockx, Bart; Dejemeppe, Muriel - 2022
We use (donut) regression discontinuity design and difference-in-differences estimators to estimate the impact of a one-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy increases job-finding in the private sector by 10...
Persistent link: https://www.econbiz.de/10013383613
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Waiting longer before claiming, and activating youth : no point?
Cockx, Bart; Van Belle, Eva - 2016
counselling and training in the Youth Work Plan (YWP) if a job is not found within three months. The length of the waiting period …
Persistent link: https://www.econbiz.de/10011541291
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Corruption and political stability : does the youth bulge matter?
Farzanegan, Mohammad Reza; Witthuhn, Stefan - 2016 - This version: 05.05.2016
This study shows that the relative size of the youth bulge matters for how corruption affects the internal stability of … with a relatively large youth population. Using panel data covering the 2002-2012 period for more than 100 countries, we … find a negative interaction effect between the relative size of the youth population and corruption on internal political …
Persistent link: https://www.econbiz.de/10011474632
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Inequality in the impact of the Coronavirus shock : evidence from real time surveys
Adams-Prassl, Abi; Boneva, Teodora; Golin, Marta; Rauh, … - 2020
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
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Screening through activation : differential effects of a youth activation programme
Hall, Caroline; Kotakorpi, Kaisa; Liljeberg, Linus; … - 2017
theoretic framework. Utilizing an RD design, we analyse responses to a nationwide Swedish youth activation program. We find that …
Persistent link: https://www.econbiz.de/10011597177
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National minimum wage and employment of young workers in the UK
Fidrmuc, Jan; Tena, J. D. - 2013
We analyze the impact of the UK national minimum wage (NMW) on the employment of young workers. The previous literature found little evidence of an adverse impact of the NMW on the UK labor market. We focus on the age-related increases in the NMW at 18 and 22 years of age. Using regression...
Persistent link: https://www.econbiz.de/10009764461
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Does policy communication during COVID work?
Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020
Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal and monetary policy responses to the crisis affects households' expectations. We provide random subsets of participants in the Nielsen Homescan panel with different combinations...
Persistent link: https://www.econbiz.de/10012231514
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Friday the 13th : the empirics of bad luck
Fidrmuc, Jan; Tena, J. D. - 2014
We use the UK Labor Force survey to investigate whether the socio-economic outcomes of people born on the 13th day of the month, and of those born on Friday the 13th, differ from the outcomes of people born on more auspicious days. In many European countries, including the UK, such days are...
Persistent link: https://www.econbiz.de/10010418005