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markets; short-time work (German "Kurzarbeit") returns negative short-run multipliers, but stabilises employment. Our model …
Persistent link: https://www.econbiz.de/10003945992
macroeconomic model which reproduces this observation. The model predicts that the fiscal multiplier takes conventional values …
Persistent link: https://www.econbiz.de/10010510610
This paper examines the impact of unemployment insurance (UI) on aggregate employment by exploiting cross …, we find no statistically significant impact of increasing UI generosity on aggregate employment. Our point estimates are … uniformly small in magnitude, and the most precise estimates rule out employment-to-population ratio reductions in excess of 0 …
Persistent link: https://www.econbiz.de/10011595780
The Global Crisis demonstrated to the world that Ratings Agencies had misled the public about the stability of financial institutions. The Finance literature had decided that it was impossible to have bubbles in financial markets and any surge in the stock market would be self-correcting. Recent...
Persistent link: https://www.econbiz.de/10011543578
positive and significant impact of AI patent families on employment, supporting the labour-friendly nature of product …
Persistent link: https://www.econbiz.de/10012517502
The aim of this paper is to analyse the possible trade-off between employment and productivity using panel data on … that there is a trade-off between employment and productivity. …
Persistent link: https://www.econbiz.de/10010207261
The aim of this paper is twofold. On the one hand, the economic insights about the employment impact of technological … employment effect appears to be entirely due to the medium-and high-tech sectors, while no effect can be detected in the low …-tech industries; 2) capital formation is found to be negatively related to employment; this outcome points to a possible labour …
Persistent link: https://www.econbiz.de/10011596130
In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However … employment effects if effort can be varied continuously. A substitution of the earnings-related for the lump-sum component … reduces employment. Thus, the prevalent form of severance payments in OECD countries might have less advantageous employment …
Persistent link: https://www.econbiz.de/10003355561
country after a period of no-income. Employment characteristics and the country of origin play an important role in explaining …
Persistent link: https://www.econbiz.de/10003908641
cuts, both with or without over-education effects. Introducing over-education changes substantially the employment …
Persistent link: https://www.econbiz.de/10003976931