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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
examine this assertion for Germany, a welfare state with a relative generous means-tested social minimum and high marginal tax … rates. Our analysis is based on a microsimulation model that accounts for the interactions between wages, the tax …-benefit system and net incomes at the household level as well as employment and price effects on the distribution of incomes induced …
Persistent link: https://www.econbiz.de/10010234179
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In response to strong revenue and income losses that a large share of the self-employed faced during the COVID-19 pandemic, the German federal government introduced a €50bn emergency aid program. Based on real-time online-survey data comprising more than 20,000 observations, we analyze the...
Persistent link: https://www.econbiz.de/10013411282
This study investigates firm survival and employment growth of start-ups by unemployed people in East and West Germany … considerably, which led to a sharp increase in the number of start-ups by the unemployed. The empirical analysis is based on a … 1995 and could be observed at least one year after their foundation in 4 regions of East and 11 regions of West Germany. In …
Persistent link: https://www.econbiz.de/10011620673
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interview data). The empirical analysis shows that firms receiving assistance perform better in terms of employment growth over …
Persistent link: https://www.econbiz.de/10013428407
-term program effects on the survival chances and the average annual employment growth rates of assisted firms. In order to estimate … effects of public assistance on the survival chances and the average annual employment growth rates of young German firms. …
Persistent link: https://www.econbiz.de/10013428384
policy issue in Germany. We analyze the distributional effects of a nationwide legal minimum wage of 7.50 € per hour on the … basis of a microsimulation model which accounts for the complex interactions between individual wages, the tax …-benefit system and net household incomes, also taking into account potential employment effects as well as indirect effects on …
Persistent link: https://www.econbiz.de/10003962944
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