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it the Great Recession), but the Australian economy appears to be powering ahead. It is a miracle economy! Unlike most of … the OECD countries, Australia did not even have a recession. In this paper we study the behaviour of the Australian …
Persistent link: https://www.econbiz.de/10009774315
We consider the effects of the financial crisis and subsequent recession on world labour markets. It begins by … to be called the Great Recession. Next we look at the labour market and how employment and unemployment have been … lessons might be learned from the marked differences in labour market outcomes following the recession. -- globalization …
Persistent link: https://www.econbiz.de/10009296355
The 2008 Great Recession was notable in the UK for three things: the enormity of the output shock; the muted … freezes and cuts were often initiated in direct response to the recession. Workplace closure rates were little different to … those experienced prior to the recession, but there is some evidence of a "cleansing" effect with poorer performing …
Persistent link: https://www.econbiz.de/10011281607
-level data for Spain for years 2000-2012, a period characterized by a large immigration wave and a severe recession. Our …, our simulations suggest that the reduction in household income due to the Great Recession mitigated the flight toward …
Persistent link: https://www.econbiz.de/10011308505
Using harmonized micro data, this paper investigates the effects of the early phase (2008-10) of the recent economic crisis on transitions between labour market states in Europe. Our analysis focuses on individual heterogeneity, on the type of employment contract, and on cross-country...
Persistent link: https://www.econbiz.de/10011308511
Ireland is one of the countries most severely affected by the Great Recession. National income fell by more than 10 per … crisis, and deep fiscal adjustment. This paper examines the income distribution consequences of the recession, and identifies … factors are the direct effects of the recession itself. Policy changes do contribute to the larger than average losses at high …
Persistent link: https://www.econbiz.de/10009765520
The economic crisis of 2008/9 was felt more acutely in Ireland relative to elsewhere and culminated in the international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth collapses and movements in variables such as health and...
Persistent link: https://www.econbiz.de/10010228783
being an entrepreneur before and after the Great 2008 Recession in local labour markets where industrial districts are …-in-differences" approach, we find that for males aged 40 to 55, who are more likely to be entrepreneurs, the negative effect of the recession …
Persistent link: https://www.econbiz.de/10010386017
previously established counter-cyclical pattern in health and heath behaviors is held during the Great Recession. Using data from … weakened considerably during the recent recession. In fact, majority of our estimates indicate that the relationship has …
Persistent link: https://www.econbiz.de/10009786469
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence … of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working …
Persistent link: https://www.econbiz.de/10010488823