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We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as well as women are the most affected by the COVID-19 shock...
Persistent link: https://www.econbiz.de/10013170558
. We find that young and less educated workers have always been affected more in recessions, while women and Hispanics were … teleworkable and essential jobs fell less during the Pandemic Crisis. Lastly, during both recessions, workers at low …-income earnings have suffered more than top-income earners, suggesting a significant distributional impact of the two recessions …
Persistent link: https://www.econbiz.de/10012251998
The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by …
Persistent link: https://www.econbiz.de/10014403441
.C from 1991 to 2008, we present econometric evidence that supports that changes in state-level unemployment rates are linked … causality going from mismatches and housing conditions to unemployment rates. The numerical estimates imply that the structural … unemployment rate in 2010 was about 13⁄4 percentage points higher than before the onset of the housing market meltdown at end-2006 …
Persistent link: https://www.econbiz.de/10014399412
sheds light on key factors that shape these patterns. Economic recessions trigger highly-persistent increases in the current … imbalances are present, and less when recessions are synchronized across countries. During severe natural disasters or epidemics …
Persistent link: https://www.econbiz.de/10012605536
relationship between NPL problems-elevated and unresolved NPLs-and the severity of post-crisis recessions. A machine learning …
Persistent link: https://www.econbiz.de/10012155002
Persistent link: https://www.econbiz.de/10013170607
Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...
Persistent link: https://www.econbiz.de/10012612327
Persistent link: https://www.econbiz.de/10012796732
impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long …-term unemployment in the medium term. Conversely, large upfront, or gradual but significant, comprehensive labor …
Persistent link: https://www.econbiz.de/10009572447