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The impact of the age distribution on unemployment: Evidence from US states
Fallick, Bruce; Foote, Christopher L. - 2022
Economists have studied the potential effects of shifts in the age distribution on the unemployment rate for more than … effects on age-specific unemployment rates. This paper uses state-level data to revisit the influence of the age distribution … on unemployment in the United States. We examine demographic effects across the entire age distribution rather than just …
Persistent link: https://www.econbiz.de/10014304786
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Political power, resistance to technological change and economic development: Evidence from the 19th century Sweden
Tyrefors Hinnerich, Björn; Lindgren, Erik; … - 2017
extractive economic and political institutions even after the weighted voting system was abolished and universal suffrage … using both extractive economic and political institutions (Acemoglu and Robinson (2008)). …
Persistent link: https://www.econbiz.de/10011917048
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Bank incentives and the effect of the paycheck protection program
Joaquim, Gustavo; Netto, Felipe - 2021
We assess the role of banks in the Paycheck Protection Program (PPP), a large and unprecedented smallbusiness support program instituted as a response to the COVID-19 crisis in the United States. In 2020, the PPP administered more than $525 billion in loans and grants to small businesses through...
Persistent link: https://www.econbiz.de/10012882647
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Optimal allocation of relief funds: The case of the paycheck protection program
Joaquim, Gustavo; Netto, Felipe - 2021
The Paycheck Protection Program (PPP) was a large and unprecedented small-business support program that allocated $800 billion in loans and grants to small businesses following the onset of the COVID-19 crisis. This paper explores the optimal allocation of funds across firms and the distortions...
Persistent link: https://www.econbiz.de/10012882648
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Automation technologies and employment at risk: The case of Mexico
Cebreros, Alfonso; Heffner-Rodríguez, Aldo; Livas, René; … - 2020
Based on the methodology proposed by Frey and Osborne (2017), we use their estimates for the probability of automation of occupations together with household survey data on the occupational distribution of employment to provide a risk assessment for the threat that automation may pose to the...
Persistent link: https://www.econbiz.de/10012616397
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The tail that wagged the dog: What explains the persistent employment effect of the 10-day PPP funding delay?
Gorbachev, Olga; Luengo-Prado, Maria José; Wang, J. … - 2023
This study explores the mechanisms explaining the large, persistent effect of the 10-day funding delay in the 2020 Paycheck Protection Program (PPP) on employment recovery during the COVID-19 pandemic, as estimated by Doniger and Kay (2021). We find that the top 1 percent of urban counties by...
Persistent link: https://www.econbiz.de/10014442960
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What do 25 million records of small businesses say about the effects of the PPP?
Joaquim, Gustavo; Wang, J. Christina - 2022
We utilize Dun & Bradstreet data on firms' financial condition to examine the allocation of Paycheck Protection Program (PPP) loans and their impact. Three main findings emerge. First, firms in better financial condition prior to the COVID outbreak were advantaged in the allocation of PPP loans....
Persistent link: https://www.econbiz.de/10014442965
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Employment and labour market vulnerabilities during COVID-19: The case of Romania
Chivu, Luminita; Georgescu, George - 2021
support measures, in the short term, the Romanian labour market is facing the unemployment rate increase, at least in 2020, as …
Persistent link: https://www.econbiz.de/10012511927
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Why Does Unemployment Hurt the Employed? Evidence from the Life Satisfaction Gap between the Public and Private Sectors
Luechinger, Simon; Meier, Stephan; Stutzer, Alois - 2008
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private … unemployment. …
Persistent link: https://www.econbiz.de/10011600752
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The performance of immigrants in the German labor market
Beyer, Robert - 2016
This paper uses a large survey (SOEP) to update and deepen our knowledge about the labor market performance of immigrants in Germany. It documents that immigrant workers initially earn on average 20 percent less than native workers with otherwise identical characteristics. The gap is smaller for...
Persistent link: https://www.econbiz.de/10011613463