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The long-term effects of labor market entry in a recession : evidence from the Asian financial crisis

Choi, Eleanor Jawon; Choi, Jaewoo; Son, Hyelim - 2020

This study investigates the long-term effects of initial labor market conditions by comparing cohorts who graduated from college before, during, and after the 1997-1998 Asian financial crisis in South Korea. We measure the overall welfare effect by examining their labor market activities, family...

Persistent link: https://www.econbiz.de/10012179332

Time-varying individual risk attitudes over the Great Recession : a comparison of Germany and Ukraine

Dohmen, Thomas; Lehmann, Hartmut; Pignatti, Norberto - 2015

We use the panel data of the German Socio-Economic Panel (SOEP) and of the Ukrainian Longitudinal Monitoring Survey (ULMS) to investigate whether risk attitudes have primary (exogenous) determinants that are valid in different stages of economic development and in a different structural context,...

Persistent link: https://www.econbiz.de/10011337020

Inequality in EU crisis countries : how effective were automatic stabilisers?

Callan, Tim; Doorley, Karina; Savage, Michael - 2018

The Great Recession and the widespread adoption of fiscal austerity policies have heightened concern about inequality and how well tax-benefit systems redistribute. We examine how the distribution of income in the EU countries which were hardest hit during the recession evolved over this time....

Persistent link: https://www.econbiz.de/10011821286

The effects of the Great Recession on teenagers' risky health behaviors and time use

Pabilonia, Sabrina Wulff - 2014

This paper uses individual-level data from both the 2003-2011 American Time Use Survey and Youth Risk Behavior Survey and state-level unemployment rates to examine the effects of the Great Recession on teenagers' activities. I present results by gender and gender by race/ethnicity. Over the...

Persistent link: https://www.econbiz.de/10010358771

Aid to jobless workers in Florida in the face of the Great Recession : the interaction of unemployment insurance and the supplemental nutritional assistance program

Heflin, Colleen M.; Mueser, Peter R. - 2013

Although many programs redistribute resources in the U.S., two program were central in providing a safety net for those facing hardship during the Great Recession: the Supplemental Nutrition Assistance Program (SNAP), which grew to 47.7 million people in January 2013 - or 15.1 percent of all...

Persistent link: https://www.econbiz.de/10010222230

Wage flexibility and the Great Recession : the response of the Irish labour market

Doris, Aedín; O'Neill, Donal; Sweetman, Olive B. - 2013

There is considerable debate about the role of wage rigidity in explaining unemployment. Despite a large body of empirical work, no consensus has emerged on the extent of wage rigidity. Previous attempts to empirically examine wage rigidity have been hampered by small samples and measurement...

Persistent link: https://www.econbiz.de/10010223423

Changes in labour market transitions in Ireland over the Great Recession

Bergin, Adele; Kelly, Elish; McGuinness, Séamus - 2014

This paper assesses the impact that the 2009 Great Recession had on individual's transitions to and from unemployment in Ireland. The rate of transition from unemployment to employment declined between 2006 and 2011, while the rate from employment to unemployment increased. The impact of some of...

Persistent link: https://www.econbiz.de/10010398762

The recovery from the Great Recession: a long, evolving expansion

Shambaugh, Jay C.; Strain, Michael R. - 2021

, the economy contracted by more than it had since the Great Depression. A slow and steady recovery followed the Great … reduce slack in labor markets. But because the slow-and-steady recovery lasted so long, many pre-recession peaks were … (including recession and recovery) beginning in December 2007 was one of the better periods of real wage growth in many decades …

Persistent link: https://www.econbiz.de/10012405441

Up in STEM, down in business : changing college major decisions with the Great Recession

Liu, Shimeng; Sun, Weizeng; Winters, John V. - 2017

We use the American Community Survey (ACS) to investigate the extent to which college major decisions were affected during and after the Great Recession with special attention to business and STEM fields, as well as the heterogeneity by gender, race/ethnicity and combinations of race/ethnicity...

Persistent link: https://www.econbiz.de/10011731970

Mind, body, bubble! : psychological and biophysical dimensions of behavior in experimental asset markets

Butler, David J.; Cheung, Stephen L. - 2018

Asset market bubbles and crashes are a major source of economic instability and inefficiency. Sometimes ascribed to animal spirits or irrational exuberance, their source remains imperfectly understood. Experimental methods can isolate systematic deviations from an asset's fundamental value in a...

Persistent link: https://www.econbiz.de/10011870688

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