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Cyclical skill-biased technological change
Balleer, Almut; Rens, Thijs van - 2009
Over the past two decades, technological progress has been biased towards making skilled labor more productive. What does skill-biased technological change imply for business cycles? To answer this question, we construct a quarterly series for the skill premium from the CPS and use it to...
Persistent link: https://www.econbiz.de/10003863655
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Does short-time work save jobs? : a business cycle analysis
Balleer, Almut; Gehrke, Britta; Lechthaler, Wolfgang; … - 2013
counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important …
Persistent link: https://www.econbiz.de/10009763124
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Some surprising facts about working time accounts and the business cycle
Balleer, Almut; Gehrke, Britta; Merkl, Christian - 2015
the key driver of the unusually small increase in German unemployment in the Great Recession. …
Persistent link: https://www.econbiz.de/10010488821
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Uncovering the mechanism(s): financial constraints and wages
Arabzadeh, Hamzeh; Balleer, Almut; Gehrke, Britta - 2020
the financial market, we address two prominent mechanism through which firms' financial constraints amplify unemployment … substantial decline in both unemployment and wages. Financial constraints therefore weaken the direct link between wage rigidity … and unemployment volatility. …
Persistent link: https://www.econbiz.de/10012389827