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EU-induced Financialisation and Its Impact on the Greek Wage Share, 1999-2021
Gouzoulis, Giorgos; Iliopoulos, Panagiotis; Galanis, Giorgos - 2022
been the financialisation of its economy, which has been particularly influential for households since it led to the rapid … economy, which shows that financialisation is a key driver of wage bargaining outcomes, we demonstrate that the relative size …
Persistent link: https://www.econbiz.de/10013468433
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The Finance-Dominated Accumulation Regime & the Future of Work in the Post-COVID World
Gouzoulis, Giorgos; Stockhammer, Engelbert - 2023
This paper examines the relationship between financialisation and the future of work in the post-COVID era. It combines … financialisation. It will discuss these for the periods before and after the financial crisis and analyse the impact of COVID on labour … which induced the management of non-financial corporations to reduce labour costs. Yet, financialisation is a complex …
Persistent link: https://www.econbiz.de/10014310785
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A tale of three countries: How did Covid-19 lockdown impact happiness?
Greyling, Talita; Rossouw, Stephanie; Adhikari, Tamanna - 2020
Since the start of the Covid-19 pandemic, many governments have implemented lockdown regulations to curb the spread of the virus. Though lockdowns do minimise the physical damage of the virus, there may be substantial damage to population well-being. Using a pooled dataset, this paper analyses...
Persistent link: https://www.econbiz.de/10012236861
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The Short-Term Effect of COVID-19 on Self-Employed Workers in Canada
Beland, Louis-Philippe; Fakorede, Oluwatobi; Mikola, Derek - 2020
Using the Canadian Labour Force Survey, we document the short-term impact of COVID-19 on self-employed individuals in Canada, which we interpret as small business owners. We document an important decrease in business ownership between February 2020 and May 2020 (-14.8 percent for incorporated...
Persistent link: https://www.econbiz.de/10012236862
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Preserving job matches during the COVID-19 pandemic: firm-level evidence on the role of government aid
Bennedsen, Morten; Larsen, Birthe; Schmutte, Ian; Scur, … - 2020
We analyze the impact of the COVID-19 pandemic and government policies on firms’ aid takeup, layoff and furlough decisions. We collect new survey data for 10,642 small, medium and large Danish firms, and match to government records of all aid-supported furloughed workers during the pandemic as...
Persistent link: https://www.econbiz.de/10012237649
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Unemployment of Unskilled Labor due to COVID-19 led Restriction on Migration and Trade
Mandal, Biswajit; Chaudhuri, Saswati; Prasad, Alaka Shree - 2020
To combat COVID-19 the entire world has resorted to global lockdown implying restriction on international labor migration and trade. This paper aims to check the effect of such restrictions on the unemployment of unskilled labor in the source country. In competitive general equilibrium framework...
Persistent link: https://www.econbiz.de/10012245101
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The Effect of COVID-19 Lockdown on Mobility and Traffic Accidents: Evidence from Louisiana
Barnes, Stephen R.; Beland, Louis-Philippe; Huh, Jason; … - 2020
We use a regression discontinuity design to study the effect of the COVID-19 lockdown on mobility and traffic accidents. Based on data from Google Community Mobility reports and Uniform Traffic Crash Report from the Louisiana Department of Transportation and Develop- ment (LaDOTD), we find that...
Persistent link: https://www.econbiz.de/10012249735
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Is Covid-19 "The Great Leveler"? The Critical Role of Social Identity in Lockdown-induced Job Losses
Deshpande, Ashwini; Ramachandran, Rajesh - 2020
Using nationally representative panel data for 21,799 individuals between May 2018 and April 2020, this paper investigates whether the Covid-19 pandemic was indeed a "Great Leveler" in the sense that it imposed similar and equivalent labour market shocks on different caste groups. We find that...
Persistent link: https://www.econbiz.de/10012252185
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Identifying policy challenges of COVID-19 in hardly reliable data and judging the success of lockdown measures
Bonacini, Luca; Gallo, Giovanni; Patriarca, Fabrizio - 2020
Identifying structural breaks in the dynamics of COVID-19 contagion is crucial to promptly assess policies and evaluate the effectiveness of lockdown measures. However, official data record infections after a critical and unpredictable delay. Moreover, people react to the health risks of the...
Persistent link: https://www.econbiz.de/10012261868
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Firm behavior during an epidemic
Brotherhood, Luiz; Jerbashian, Vahagn - 2020
We derive a model in which firms operate in an epidemic environment and internalize infections among their employees in the workplace. The model is calibrated to fit the properties of the Covid-19 epidemic. We show that firms have incentives to fight against infections and can do so very...
Persistent link: https://www.econbiz.de/10012261872