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EU enlargement and (temporary) migration : effects on labour market outcomes in Germany
Hammer, Luisa; Hertweck, Matthias S. - 2022
distribution; and a permanent positive effect on full-time employment. …
Persistent link: https://www.econbiz.de/10012821802
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The impact of weather shocks on employment outcomes : evidence from South Africa
Brookes Gray, Harriet; Taraz, Vis; Halliday, Simon D. - 2021
Persistent link: https://www.econbiz.de/10012879896
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Working longer, working stronger? : the forward-looking effects of increasing the retirement age on (un)employment behaviour
Gohl, Niklas - 2023
increase in the working horizon on (un)employment behaviour for individuals with a long remaining statutory working life. Using … probability of employment, decreases the probability of unemployment, and increases the intensity of job search among the … unemployed. Heterogeneity analyses show that the demonstrated employment effects are strongest for women and in occupations with …
Persistent link: https://www.econbiz.de/10014245855
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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
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Money also is sunny in a retiree's world
Lorenz, Svenja; Zwick, Thomas - 2020
This paper shows that labor income plays an important positive role for the decision to work after retirement. Especially individuals who have the chance to substantially supplement their pension entitlements have a higher earnings elasticity. Men are more attracted by earnings incentives than...
Persistent link: https://www.econbiz.de/10012299799
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The impact of the European Monetary Union on inflation persistence in the euro area
Meller, Barbara; Nautz, Dieter - 2009
This paper uses the European Monetary Union (EMU) as a natural experiment to investigate whether more effective monetary policy reduces the persistence of inflation. Taking into account the fractional integration of inflation, we confirm that inflation dynamics differed considerably across Euro...
Persistent link: https://www.econbiz.de/10003875991
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German and the rest of euro area fiscal policy during the crisis
Gadatsch, Niklas; Hauzenberger, Klemens; Stähler, Nikolai - 2015
We present the estimated large-scale three-region DSGE model GEAR picturing Germany, the Euro Area and the Rest of the world. Compared to existing models of this type, GEAR incorporates a comprehensive fiscal block, involuntary unemployment and a complex international structure. We use the model...
Persistent link: https://www.econbiz.de/10010516561
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The great collapse in value added trade
Nagengast, Arne J.; Stehrer, Robert - 2015
This paper studies the great collapse in value added trade using a structural decomposition analysis. We show that changes in vertical specialisation accounted for almost half of the great trade collapse, while the previous literature on gross trade has mainly focused on final expenditure,...
Persistent link: https://www.econbiz.de/10011419613
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The interest rate pass-through in the euro area during the sovereign debt crisis
Borstel, Julia von; Eickmeier, Sandra; Krippner, Leo - 2015
We investigate the pass-through of monetary policy to bank lending rates in the euro area during the sovereign debt crisis, in comparison to the pre-crisis period. We make the following contributions. First, we use a factor-augmented vector autoregression, which allows us to assess the responses...
Persistent link: https://www.econbiz.de/10011280074
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Asymmetric credit growth and current account imbalances in the euro area
Unger, Robert - 2015
The euro area crisis is often linked to the emergence of current account imbalances. As most of the deficit countries experienced pronounced credit booms at the same time that these imbalances were building up, this paper investigates the link between domestic credit developments and the current...
Persistent link: https://www.econbiz.de/10011373649