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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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Regional structural change and the effects of job loss
Arntz, Melanie; Ivanov, Boris; Pohlan, Laura - 2022
Routine-intensive occupations have been declining in many countries, but how does this affect individual workers’ careers if this decline is particularly severe in their local labor market? This paper uses administrative data from Germany and a matched difference-in-differences approach to...
Persistent link: https://www.econbiz.de/10013266324
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Household search and the aggregate labor market
Mankart, Jochen; Oikonomou, Rigas - 2015
two members. Households face unemployment risks but their members adjust their labor supplies to insure against … unemployment. We use the model to explain the cyclical properties of aggregate employment and participation. As in the US data, the … household against unemployment risks. …
Persistent link: https://www.econbiz.de/10011312576
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Current unemployment variance decomposition and consequences of using proxies
Corseuil, Carlos Henrique; Foguel, Miguel Nathan; … - 2021
We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of …
Persistent link: https://www.econbiz.de/10012624854
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The rise of the added worker effect
Mankart, Jochen; Oikonomou, Rigas - 2016
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
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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
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Fiscal austerity, unemployment and family firms
Munkacsi, Zsuzsa - 2015
I calculate unemployment multipliers of fiscal consolidation policies in a standard, closed-economy New Keynesian … percentage of family firms in the labor force. I find that fiscal austerity raises unemployment. Both at peak and cumulatively …, unemployment reacts least when the budget is consolidated by increasing the rate of value-added tax. At peak, the highest increase …
Persistent link: https://www.econbiz.de/10010516542
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EU enlargement and (temporary) migration : effects on labour market outcomes in Germany
Hammer, Luisa; Hertweck, Matthias S. - 2022
EU Eastern Enlargement elicited a rise in (temporary) labour market oriented immi-gration to Germany starting in May 2011. Taking into account that not all immigrantsstay permanently and that outmigration flows are selective, this paper classifies recent EUimmigrants into “new arrivals” and...
Persistent link: https://www.econbiz.de/10012821802
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Who's got the power? : wage determination and its resilience in the Great Recession
Vilares, Hugo; Reis, Hugo - 2022
Persistent link: https://www.econbiz.de/10013454104
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Low-wage jobs : stepping stone or poverty trap?
Knabe, Andreas; Plum, Alexander - 2010
-skilled persons and for individuals with longer unemployment experiences. Low-paid work is less beneficial if the job is also … associated with a low social status. -- low pay dynamics ; unemployment dynamics ; dynamic random effects models ; state …
Persistent link: https://www.econbiz.de/10008796259