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groups. Given wages, the direct employment effect of a reduction in weekly normal hours is negligible for all three groups … groups. Given wages, the direct employment effect of a reduction in weekly normal hours is negligible for all three groups …In this paper we estimate the employment effects of a reduction in weekly normal hours in West German manufacturing on …
Persistent link: https://www.econbiz.de/10013428357
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
estimation of causal effects shows significant higher average annual employment growth rates of German venture-backed firms. …
Persistent link: https://www.econbiz.de/10013428417
development of wages and employment across skill groups, there is considerable disagreement to explain these trends, in particular …
Persistent link: https://www.econbiz.de/10013428272
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The economic policy response to COVID-19 lockdowns included a variety of measures. Their effects on non-financial firms, however, remain unclear. To shed light on the effect of transfers, we investigate the effect of German emergency aid transfers (November-December aid), a program designed for...
Persistent link: https://www.econbiz.de/10013205580
This paper follows up recent work on the relationship between (un)employment and wage effects of social security … in Germany. The main result of the paper is that there is in fact a positive shortrun employment effect of a revenue … rates, but in the longerterm only modest effects remain due to higher wages. …
Persistent link: https://www.econbiz.de/10013428050
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distribution; and a permanent positive effect on full-time employment. …
Persistent link: https://www.econbiz.de/10012821802