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How Effective Were Job-Retention Schemes During the COVID-19 Pandemic? A Microsimulation Approach for European Countries
Lam, W. Raphael; Solovyeva, Alexandra - 2023
rise in the unemployment rate, by about 3 percentage points, and income inequality during the pandemic. Our results show …
Persistent link: https://www.econbiz.de/10014254891
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Pandemics and Automation : Will the Lost Jobs Come Back?
Saadi-Sedik, Tahsin; Yoo, Jiae - 2021
COVID-19 has exacerbated concerns about the rise of the robots and other automation technologies. This paper analyzes empirically the impact of past major pandemics on robot adoption and inequality. First, we find that pandemic events accelerate robot adoption, especially when the health impact...
Persistent link: https://www.econbiz.de/10013243046
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Has COVID-19 Induced Labor Market Mismatch? Evidence from the US and the UK
Pizzinelli, Carlo; Shibata, Ippei - 2022
This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S¸ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter...
Persistent link: https://www.econbiz.de/10013295149
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Explaining High Unemployment in ECCU Countries
James, Ronald - 2019
In recent years, unemployment rates in some ECCU countries have been among the highest globally. This paper evaluates … significantly associated with high structural unemployment, while the global crisis added a cyclical component. Our analysis also … unemployment is related to the phase out of EU preferences on bananas/sugar exports or to a skills mismatch. As expected …
Persistent link: https://www.econbiz.de/10012865121
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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
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Smart Containment : Lessons from Countries with Past Experience
Fotiou, Alexandra; Lagerborg, Andresa - 2022
information campaigns ─ rather than stay-at-home requirements. Using past coronavirus outbreaks as an instrumental variable, we …
Persistent link: https://www.econbiz.de/10013305677
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The Effectiveness of Job-Retention Schemes : Covid-19 Evidence from the German States
Aiyar, Shekhar S.; Dao, Mai - 2022
during the COVID-19 recession. We quantify the impact by exploiting state-level variation in exposure to the pandemic shock … and KA take-up. We construct a shift-share measure of the labor demand shock and instrument KA take-up using the pre …-existing, state-specific share of workers eligible for KA. We find, first, that KA was crucial in mitigating unemployment: absent its …
Persistent link: https://www.econbiz.de/10013300535
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Gender and Employment in the COVID-19 Recession : Evidence on “She-Cessions”
Bluedorn, John C.; Caselli, Francesca; Hansen, Niels-Jakob - 2022
Early evidence on the pandemic’s effects pointed to women’s employment falling disproportionately, leading observers to call a “she-cession.” This paper documents the extent and persistence of this phenomenon in a quarterly sample of 38 advanced and emerging market economies. We show...
Persistent link: https://www.econbiz.de/10013302778
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Effects of Emerging Market Asset Purchase Program Announcements on Financial Markets During the COVID-19 Pandemic
Sever, Can; Goel, Rohit; Drakopoulos, Dimitrios; … - 2021
The COVID-19 pandemic led many emerging market central banks to adopt, for the first time, unconventional policies in the form of asset purchase programs. In this study, we analyze the effects of these announcements on domestic financial markets using both event studies and local projections...
Persistent link: https://www.econbiz.de/10013250070
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Mobility Under the COVID-19 Pandemic : Asymmetric Effects Across Gender and Age
Caselli, Francesca; Grigoli, Francesco; Sandri, Damiano; … - 2021
Lockdowns and voluntary social distancing led to significant reduction in people's mobility. Yet, there is scant evidence on the heterogeneous effects across segments of the population. Using unique mobility indicators based on anonymized and aggregate data provided by Vodafone for Italy,...
Persistent link: https://www.econbiz.de/10013250080