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Impact of the Great Recession on Industry Unemployment : A 1976-2011 Comparison

Takhtamanova, Yelena F. - 2016

This paper studies the mechanisms driving the persistently high unemployment rate during the last recession and mild recovery. Previous studies have examined the demographic aspect of the recession. We focus on specific industries. Consequently, we propose a methodology to decompose changes in...

Persistent link: https://www.econbiz.de/10012979453

The Impact of the Global Financial Crisis on Youth Labour Markets

Junankar, P. N. Raja - 2014

This paper investigates the impact of the GFC on youth unemployment and long term unemployment. In particular, we study whether the GFC had a bigger impact on youths than adults, and whether youth unemployment rates increased due to an increase in youth wages relative to adult wages. To...

Persistent link: https://www.econbiz.de/10013047871

Transmission of US and EU Economic Policy Uncertainty Shock to Asian Economies in Bad and Good Times

Balcilar, Mehmet - 2020

This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South Korea) to economic policy uncertainty (EPU) of US and EU, and oil prices in different state of the economies. To investigate these dynamics, we use the relative tail dependence...

Persistent link: https://www.econbiz.de/10012833241

Labour Market Status and Migration Dynamics

Bijwaard, Govert E. - 2009

In this empirical paper we assess how labour market transitions and out- and repeated migration of immigrants are interrelated. We estimate a multi-state multiple spell competing risks model with four states: employed, unemployed receiving benefits, out-of-the-labour market (no benefits) and...

Persistent link: https://www.econbiz.de/10013154986

Determinants of Automation Risk in the EU Labour Market : A Skills-Needs Approach

Pouliakas, Konstantinos - 2018

This paper focuses on identifying determinants of 'automatability risk', namely the propensity of EU employees being in … jobs with high risk of substitutability by machines, robots or other algorithmic processes, and uncovers its impact on … survey (ESJS), jobs are bundled according to their estimated risk of automation. The paper builds on the methodology of …

Persistent link: https://www.econbiz.de/10012910730

Labor Market Risk in Germany

Krebs, Tom - 2016

This paper uses annual data drawn from the GSOEP to estimate individual earnings risk (labor market risk) in Germany … shocks to individual earnings.We find that both the transitory component and the permanent component of earnings risk have … been rising in West Germany in the 1990s and have remained at elevated levels in the 2000s. In contrast, labor market risk …

Persistent link: https://www.econbiz.de/10012993952

The Impact of the Crisis on Employment and the Role of Labour Market Institutions

Eichhorst, Werner - 2010

The paper takes a comparative perspective on the labour market impact on G20 and EU countries of the financial and economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in relation to output or GDP reductions varies...

Persistent link: https://www.econbiz.de/10013135827

The Financial Crisis, Labor Market Transitions and Earnings : A Gendered Panel Data Analysis for Serbia

Blunch, Niels-Hugo - 2011

While results are starting to emerge, not much is known yet about the dynamics of the labor markets of the former Eastern economies, especially in the context of the current Financial Crisis. Arguably, this is mainly due to paucity of (panel) data. By examining labor market transitions, earnings...

Persistent link: https://www.econbiz.de/10013117835

Fewer Jobs or Smaller Paychecks? Aggregate Crisis Impacts in Selected Middle-Income Countries

Khanna, Gaurav - 2011

This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...

Persistent link: https://www.econbiz.de/10013120422

The Crisis, Policy Reactions and Attitudes to Globalization and Jobs

Bell, David N.F. - 2011

We consider the effects of the financial crisis and subsequent recession on world labour markets. It begins by cataloguing the adverse effects on output of the sudden collapse in demand brought about by the financial crisis in what has come to be called the Great Recession. Next we look at the...

Persistent link: https://www.econbiz.de/10013125468

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