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The long-term earnings' effects of a credit market disruption

Adamopoulou, Effrosyni; De Philippis, Marta; Sette, Enrico - 2023

This paper studies the long-term consequences on firms and workers of the credit crunch triggered by the 2007-2008 global financial crisis. Relying on a unique matched bank-employer-employee administrative dataset, we construct a firm-specific credit supply shock and examine firms’ and...

Persistent link: https://www.econbiz.de/10014440036

Monetary policy and unemployment in open economies

Engler, Philipp - 2011

After an expansionary monetary policy shock employment increases and unemployment falls. In standard New Keynesian … models the fall in aggregate unemployment does not affect employed workers at all. However, Lüchinger, Meier and Stutzer … (2010) found that the risk of unemployment negatively affects utility of employed workers: An increases in aggregate …

Persistent link: https://www.econbiz.de/10009405109

Public works for Poland? : active labour market policies during transition

Puhani, Patrick A.; Steiner, Viktor - 1996

Following the predominance of macroeconomic stabilisation policies and passive income support schemes in the first phase of transition, active labour market policies (ALMPs) have now come to play a more important role in transition economies. This paper looks at the Polish experience and...

Persistent link: https://www.econbiz.de/10011622125

Labor market reforms, precautionary savings, and global imbalances

Hochmuth, Brigitte; Moyen, Stephane; Stähler, Nikolai - 2019

reducing the generosity of unemployment benefits decreases wages, fosters employment and augments competitiveness as well as …

Persistent link: https://www.econbiz.de/10011995060

Task-Biased Changes of Employment and Remuneration: The Case of Occupations

Kampelmann, Stephan; Rycx, Francois - 2011

Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into "good" and "bad" jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that...

Persistent link: https://www.econbiz.de/10011601006

Mental disorders and lifetime earnings

Salokangas, Henri - 2021

In advanced countries in particular, the mental well-being of adolescents and young adults is gaining increased amount of attention. Yet little is known about lifetime labor market costs attributable to mental disorders nor the related heterogeneity by the age of onset of psychiatric conditions....

Persistent link: https://www.econbiz.de/10012582762

Minimum wages and the rise in solo self-employment

Ganserer, Angelika; Gregory, Terry; Zierahn, Ulrich - 2022

Solo self-employment is on the rise despite less favorable working conditions compared to traditional jobs. We show that the introduction of minimum wages in German industries led to an increase in the share of solo self-employment by up to 8.5 percentage points. We explain our findings within a...

Persistent link: https://www.econbiz.de/10013276033

Computers as stepping stones? : technological change and equality of labor market opportunities

Arntz, Melanie; Lipowski, Cäcilia; Neidhöfer, Guido; … - 2022

This paper analyzes whether technological change improves equality of labor market opportunities by decreasing returns to parental background. We find that in Germany during the 1990s, computerization improved the access to technologyadopting occupations for workers with low-educated parents,...

Persistent link: https://www.econbiz.de/10013202834

Exploring the labor market consequences of psychiatric disorders : an event study approach

Salokangas, Henri - 2021

Vast literature documents a negative association between mental disorders and labor market performance but it is challenging to find a research design that could provide an reliable estimate for an effect. This paper provides new evidence on the immediate labor market consequences following the...

Persistent link: https://www.econbiz.de/10012695679

Evolution of the East German wage structure

Brüll, Eduard; Gathmann, Christina - 2020

We analyze the evolution of the wage structure in East Germany over the past two decades and compare it to West Germany. Both regions experienced a rise in wage inequality between 1995 and 2009 with wage dispersion in East Germany exceeding West Germany, esp. at the top. We also show that wage...

Persistent link: https://www.econbiz.de/10012387849