Showing 1 - 10 of 191
This paper assesses the relationship between government and manufacturing wages. We find that the long-run relation between the two wages is stronger when the government is a large employer. Manufacturing wages are better aligned with productivity and unemployment when public wages, to which...
Persistent link: https://www.econbiz.de/10011480768
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10011845664
protecting their members from the negative effects of the global economic crisis. Using data for twenty one post … lose their jobs during the crisis. This beneficial effect of trade union membership was more pronounced in countries which … were hit by the crisis harder. At the same time, union members were more likely to experience a wage reduction, suggesting …
Persistent link: https://www.econbiz.de/10011376316
International migrants who seek protection also participate in the economy. Thus the policy of the United States to drastically reduce refugee and asylum-seeker arrivals from 2017 to 2020 might have substantial and ongoing economic consequences. This paper places conservative bounds on those...
Persistent link: https://www.econbiz.de/10013209780
output changes at an early stage. We illustrate the method with an evaluation of the impact of the 2008-2009 crisis in … severe when labor demand reacts along the intensive margin. -- labor demand ; tax-benefit system ; crisis ; income …
Persistent link: https://www.econbiz.de/10009012391
Against the background of the current discussion on the introduction of statutory minimum wages in Germany, this paper analyzes the potential employment and fiscal effects of such a policy. Based on estimated labor demand elasticities obtained from a structural labor demand model, the empirical...
Persistent link: https://www.econbiz.de/10003782599
This paper analyses aggregate labour dynamics during the global financial crisis in Japan and the role of nonstandard …, it compares aggregate labour market dynamics during the global financial crisis with that observed during the 1997 crisis …. Counterfactual simulations suggest that the employment response during the global crisis would have been smaller if the incidence of …
Persistent link: https://www.econbiz.de/10011347289
, and the Euro/financial crisis in 2008-2009, which was followed by a general and intensive reform process in the years … business cycle oscillations. This has been especially so in the recent crisis and calls for fine tuning policy measures …
Persistent link: https://www.econbiz.de/10011476560
This paper examines the impact on inequality and poverty of the economic crisis in four European countries, namely …
Persistent link: https://www.econbiz.de/10010212995
We use the adaptive cycle theory to improve our understanding of cycles of urban change in the city of Barcelona from 1953 to present. Most specifically, we explore the vulnerabilities and windows of opportunity these cycles for change introduced in the release (Ω) and reorganization (α)...
Persistent link: https://www.econbiz.de/10011647647