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Policies to help the working class in the aftermath of COVID-19: lessons from the Great Recession
Burkhauser, Richard V.; Corinth, Kevin; Holtz-Eakin, Douglas - 2021
The COVID-19 pandemic and the associated government mandated shutdowns caused a historic shock to the U.S. economy and a disproportionate job loss concentrated among the working class. While an unprecedented social safety net policy response successfully offset earnings loses among lower-wage...
Persistent link: https://www.econbiz.de/10012485440
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Employment opportunities and high school completion during the COVID-19 recession
Ahn, Kunwon; Lee, Jun Yeong; Winters, John V. - 2020
and find that worse employment conditions were the driving force. The lower opportunity costs of schooling because of the …
Persistent link: https://www.econbiz.de/10012305005
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The case for releasing the young from lockdown : a briefing paper for policymakers
Oswald, Andrew J.; Powdthavee, Nattavudh - 2020
The UK is 'locked down' because of coronavirus (COVID-19). No clear exit strategy currently exists. This paper suggests …
Persistent link: https://www.econbiz.de/10012199195
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Fiscal multipliers in the COVID-19 recession
Auerbach, Alan J.; Gorodnichenko, Yuriy; McCrory, Peter B. - 2021
In response to the record-breaking COVID19 recession, many governments have adopted unprecedented fiscal stimuli. While countercyclical fiscal policy is effective in fighting conventional recessions, little is known about the effectiveness of fiscal policy in the current environment with...
Persistent link: https://www.econbiz.de/10012705410
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Sweden's COVID-19 recession : how foreign and domestic infections struck against firms and workers
Akerman, Anders; Ekholm, Karolina; Persson, Torsten; … - 2022
output due to disrupted trade. Service firms that operated in locations with many infections reduced their output due to … by education, earnings or ethnicity - took a twofold hit: their employers faced the largest output drops and they … experienced the largest transmissions from firm output to earnings. …
Persistent link: https://www.econbiz.de/10013275359
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Turning Vietnam's COVID-19 success into economic recovery : a job-focused analysis of individual assessments on their finance and the economy
Dang, Hai-Anh H.; Long Thanh Giang - 2020
The COVID-19 pandemic has resulted in income and employment loss in many countries around the world. Yet, hardly any … optimism about the resilience of the economy. Further disaggregating employment into different types of jobs such as self-employment …
Persistent link: https://www.econbiz.de/10012228618
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Inequality in the impact of the coronavirus shock : evidence from real time surveys
Adams-Prassl, Abi; Boneva, Teodora; Golin, Marta; Rauh, … - 2020
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012207117
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Labour market reallocation effects of COVID-19 policies in Spain : a tale of two recessions
Díaz, Antonia; Dolado, Juan J.; Jáñez, Álvaro; … - 2023
, consequently, of output, and slow-down worker reallocation away from the sectors badly hit by the recession. …
Persistent link: https://www.econbiz.de/10014250592
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COVID-19 and employment in South Korea: trends and comparison with the 2008 Financial Crisis
Nam, Minhyuk; Lee, Soohyung - 2021
We examine the impact of COVID-19 on employment in South Korea as of June 2020. To estimate the causal effect, we use … decreased the employment rate by 0.82%p and increased the unemployment rate by 0.29%p. These estimated effects are 90 …
Persistent link: https://www.econbiz.de/10012431574
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A literature review of the economics of COVID-19
Brodeur, Abel; Gray, David M.; Islam, Anik; Bhuiyan, … - 2020
The goal of this piece is to survey the emerging and rapidly growing literature on the economic consequences of COVID-19 and government response, and to synthetize the insights emerging from a very large number of studies. This survey (i) provides an overview of the data sets used to measure...
Persistent link: https://www.econbiz.de/10012242526