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Has COVID-19 Induced Labor Market Mismatch? Evidence from the US and the UK

Pizzinelli, Carlo; Shibata, Ippei - 2022

suggests that increased inactivity among older workers, the so called She-cession (particularly in the US) and shifting worker …

Persistent link: https://www.econbiz.de/10013295149

Labor Market Adjustments to Shocks in Australia

Mohommad, Adil - 2017

unemployment. This paper examines several aspects of the adjustment,focusing on (i) evidence of increased labor market frictions …

Persistent link: https://www.econbiz.de/10012950426

The Distributional Impact of Recessions : The Global Financial Crisis and the Pandemic Recession

Shibata, Ippei - 2020

Using the U.S. Current Population Survey data, this paper compares the distributional impacts of the Pandemic Crisis and those of the Global Financial Crisis in terms of (i) worker characteristics, (ii) job characteristics-'social' (where individuals interact to consume goods), 'teleworkable'...

Persistent link: https://www.econbiz.de/10012828220

Evaluating Unemployment Policies : What Do the Underlying Theories Tell Us?

Snower, Dennis J. - 2006

The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy …--on the theories` ability to predict some salient stylized facts about unemployment behavior. The paper considers four types …

Persistent link: https://www.econbiz.de/10012781938

Job Protection Deregulation in Good and Bad Times

Duval, Romain - 2018

This paper explores the short-term employment effect of deregulating job protection forregular workers and how it varies with prevailing business cycle conditions. We apply a localprojection method to a newly constructed 'narrative' dataset of major regular job protectionreforms covering 26...

Persistent link: https://www.econbiz.de/10012929932

What are the Economic Effects of Pandemic Containment Policies? Evidence from Sweden

Bricco, Jana Gieck; Misch, Florian; Solovʹeva, … - 2021

This paper examines the economic effects of policies to contain Covid-19, by extracting lessons from Sweden's experience during the ‘Great Lockdown'. Sweden's approach was less stringent and based more on social responsibility than legal obligations compared to European peers. First, we...

Persistent link: https://www.econbiz.de/10013315101

Who Dares, Wins : Labor Market Reforms and Sovereign Yields

Ebeke, Christian - 2017

The paper shows that investors value the adoption of structural reforms by lending at lower cost. The reform-induced reduction of long-term yields is bigger when reforms are initiated in good times and in countries facing high borrowing costs. Importantly, there is no statistical evidence that...

Persistent link: https://www.econbiz.de/10012950410

Effects of Employment Protection on Worker and Job Flows : Evidence from the 1990 Italian Reform

Kugler, Adriana D. - 2019

This paper uses the Italian Social Security employer-employee panel to study the effects of the Italian reform of 1990 on worker and job flows. We exploit the fact that this reform increased unjust dismissal costs for firms below 15 employees, while leaving dismissal costs unchanged for bigger...

Persistent link: https://www.econbiz.de/10012903630

The Direct Employment Impact of Public Investment

Moszoro, Marian W. - 2021

We evaluate the direct employment effect of the public investment in key infrastructure—electricity, roads, schools and hospitals, and water and sanitation. Using rich firm-level panel data from 41 countries over 19 years, we estimate that US$1 million of public spending in infrastructure...

Persistent link: https://www.econbiz.de/10013227155

Macroeconomic Evaluation of Labor Market Reform in Germany

Krebs, Tom - 2013

German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …

Persistent link: https://www.econbiz.de/10013085617