Showing 1 - 10 of 103
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
unemployment, most research has focused on analyzing the effect of unemployment insurance (UI) policies on reemployment outcomes … benefit duration (PBD) within the German UI system, we find that longer PBD leads to longer actual unemployment duration for … for those individuals becoming re-employed. With increasing unemployment benefit duration, the founders’ outcomes in terms …
Persistent link: https://www.econbiz.de/10012241969
Business creation is economically important, and unemployment precedes the creation of a substantial share of new firms …. Yet, most research has focused on analyzing the effects of unemployment insurance policies on re-employment outcomes …, ignoring self-employment. In this paper, we analyze how the potential duration of unemployment benefits, a fundamental design …
Persistent link: https://www.econbiz.de/10015048442
, sector division, unemployment and welfare. …
Persistent link: https://www.econbiz.de/10012142242
We document that the added worker effect (AWE) has increased over the last three decades. We develop a search model with two earner households and we illustrate that the increase in the AWE from the 1980s to the 2000s can be explained through i) the narrowing of the gender pay gap, ii) changes...
Persistent link: https://www.econbiz.de/10011456513
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
Persistent link: https://www.econbiz.de/10011446155
We introduce two types of effort into an otherwise standard labor search model to examine indeterminacy and sunspot equilibria. Variable labor effort gives rise to increasing returns to hours in production. This makes workers more valuable and contributes to self-fulfilling profit expectations,...
Persistent link: https://www.econbiz.de/10012062385
reducing the generosity of unemployment benefits decreases wages, fosters employment and augments competitiveness as well as …
Persistent link: https://www.econbiz.de/10011995060
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
firms are more cyclically sensitive to unemployment. Besides, the VAR impulse response analysis suggests that workers move …
Persistent link: https://www.econbiz.de/10011927684