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The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market … has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply … to an increased relative skill demand which is not matched by the skill supply and therefore mis-match unemployment …
Persistent link: https://www.econbiz.de/10013428334
Die Bekämpfung der Arbeitslosigkeit genießt oberste wirtschaftspolitische Priorität - dieser Feststellung wird kaum …
Persistent link: https://www.econbiz.de/10013428343
This paper investigates the consequences of population aging and of changes in the education composition of the population for macroeconomic performance. Estimation results from a theoretically founded empirical framework show that aging as well as the education composition of the population...
Persistent link: https://www.econbiz.de/10011930455
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
Aggressive behavior against out-group members often rises during periods of economic hardship and health pandemics. Here, we test the widespread concern that the Covid-19 crisis may fuel hostility against people from other nations or ethnic minorities. Using a controlled money-burning task, we...
Persistent link: https://www.econbiz.de/10012237475
Persistent link: https://www.econbiz.de/10012581771
We study contact tracing in a new macro-epidemiological model in which infected agents may not show any symptoms of the disease and the availability of tests to detect asymptomatic spreaders is limited. Contact tracing is a testing strategy that aims to reconstruct the infection chain of newly...
Persistent link: https://www.econbiz.de/10012628001
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
Persistent link: https://www.econbiz.de/10012594060
Governments across the world have implemented restrictive policies to slow the spread of COVID-19. Recommended face mask use has been a controversially discussed policy, among others, due to potential adverse effects on physical distancing. Using a randomized field experiment (N=300), we show...
Persistent link: https://www.econbiz.de/10012266514