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The effects of regional banks on economic resilience during the COVID-19 pandemic and the global financial crisis a cross-country comparison of the European countries
Flögel, Franz; Hejnová, Tereza - 2021
An economy's ability to resist adverse shocks, such as an economic recession or natural disaster, is associated with its financial system structure due to different countercyclical funding capabilities. This paper uses a novel database of bank headquarter locations in a cross-country comparison...
Persistent link: https://www.econbiz.de/10012793620
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What drives remittances during a global shock? : evidence from the COVID-19 pandemic in Mexico
Ambrosius, Christian; Campos Vázquez, Raymundo M.; … - 2021
During a global shock two forces act upon international remittances in opposite directions: income losses among …
Persistent link: https://www.econbiz.de/10012607034
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The long-term earnings' effects of a credit market disruption
Adamopoulou, Effrosyni; De Philippis, Marta; Sette, Enrico - 2023
-specific credit supply shock and examine firms’ and workers’ outcomes for 11 years after the crisis. We find that highly-exposed firms …
Persistent link: https://www.econbiz.de/10014440036
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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
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Digitalization and the future of work : macroeconomic consequences
Arntz, Melanie; Gregory, Terry; Zierahn, Ulrich - 2019
technological unemployment. This chapter discusses how new digital technologies might affect the labor market in the near future …
Persistent link: https://www.econbiz.de/10012021513
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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
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Reservation wages and the wage flexibility puzzle
Koenig, Felix; Manning, Alan; Petrongolo, Barbara - 2016
Persistent link: https://www.econbiz.de/10011438978
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Reservation wages and the wage flexibility puzzle
Koenig, Felix; Manning, Alan; Petrongolo, Barbara - 2014
Persistent link: https://www.econbiz.de/10010466789
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Covid-19 and capital flows : the responses of investors to the responses of governments
Goldbach, Stefan; Nitsch, Volker - 2021
This paper examines the effect of national government response measures to Covid-19 on German international capital flows. Analyzing highly disaggregated monthly data from the German balance of payments statistics over the period from January 2019 through January 2021, we find that bilateral...
Persistent link: https://www.econbiz.de/10012518102
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Adjustments of local labour markets to the COVID-19 crisis : the role of digitalisation and working-from-home
Ben Yahmed, Sarra; Berlingieri, Francesco; Brüll, Eduard - 2022
months of the pandemic when a strict lockdown was in place. Differences in unemployment rates across local labour markets …
Persistent link: https://www.econbiz.de/10013336420