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China's Emergence in the World Economy and Business Cycles in Latin America
Pesaran, M. Hashem - 2011
world have altered the transmission mechanism of international business cycles to Latin America. Evidence based on a Global …The international business cycle is very important for Latin America's economic performance as the recent global crisis … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three …
Persistent link: https://www.econbiz.de/10013121741
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Do Firms Demand Temporary Workers When They Face Workload Fluctuation? Cross-Country Firm-Level Evidence on the Conditioning Effect of Employment Protection
Dräger, Vanessa - 2012
Although the negative economic effects of temporary employment are widely discussed, cross-country research on firms' demand for temporary employment is rare. National studies indicate that workload fluctuations are one major motive for firms to employ temporary workers. By studying a novel data...
Persistent link: https://www.econbiz.de/10013099406
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The Effect of Economic Downturns on Apprenticeships and Initial Workplace Training : A Review of the Evidence
Brunello, Giorgio - 2009
The existing empirical evidence on the relationship between apprenticeships, initial workplace training and economic downturns, is relatively scarce. The bottom line of this literature is that ratio of apprentices to employees tends to be (mildly) pro-cyclical and to decline during a recession,...
Persistent link: https://www.econbiz.de/10013157525
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Global Macro-Financial Cycles and Spillovers
Ha, Jongrim - 2020
We develop a new dynamic factor model that allows us to jointly characterize global macroeconomic and financial cycles and the spillovers between them. The model decomposes macroeconomic cycles into the part driven by global and country-specific macro factors and the part driven by spillovers...
Persistent link: https://www.econbiz.de/10012840446
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Precious Metal Prices : A Tale of Four U.S. Recessions
Agnese, Pablo; Garcia-del-Barrio, Pedro; Gil-Alana, Luis A. - 2023
This paper empirically examines the degree of persistence in four precious metal prices (i.e., gold, palladium, platinum, and silver) during the last four U.S. recessions. Unit root tests and fractional integration techniques suggest that gold still is the most prominent safe haven asset within...
Persistent link: https://www.econbiz.de/10014351417
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Job Search During a Pandemic Recession : Survey Evidence from the Netherlands
Balgova, Maria; Trenkle, Simon; Zimpelmann, Christian; … - 2021
This paper studies job search behavior in the midst of a pandemic recession. We use long-running panel data from the Netherlands (LISS) and complement the core survey with our own COVID-specific module, conducted in June 2020, surveying job search effort of employed as well as unemployed...
Persistent link: https://www.econbiz.de/10013240287
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The Effect of Business Cycle Expectations on the German Apprenticeship Market : Estimating the Impact of Covid-19
Muehlemann, Samuel - 2020
types of labor, the current coronavirus crisis will have a strong and negative impact on the German economy according to the … expectations up to May 2020, we estimate that the coronavirus-related decrease in firms' expectations about the business cycle can …
Persistent link: https://www.econbiz.de/10012831092
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Employment Opportunities and High School Completion During the COVID-19 Recession
Ahn, Kunwon; Lee, Jun Yeong; Winters, John V. - 2021
COVID-19 created major disruptions for young people including health concerns, school closures, reduced social opportunities, and a wilting economy. We examine the effect of COVID-19 on high school completion in the United States. We find that high school completion rates increased considerably...
Persistent link: https://www.econbiz.de/10013315159
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Sweden's COVID-19 Recession : How Foreign and Domestic Infections Struck Against Firms and Workers
Akerman, Anders; Ekholm, Karolina; Persson, Torsten; … - 2022
Using highly granular micro data, we document very divergent economic effects of the COVID-19 pandemic on Swedish private-sector firms and their workers. Firms that exported to, or imported from, heavily afflicted countries reduced their output due to disrupted trade. Service firms that operated...
Persistent link: https://www.econbiz.de/10014081269
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Labour Market Reallocation Effects of COVID-19 Policies in Spain : A Tale of Two Recessions
Diaz, Antonia; Dolado, Juan Jose; Jáñez, Álvaro; … - 2023
This paper studies short-time work arrangements (ERTEs) when aggregate risk is partially sector-specific. In Spain, the Great Recession and the pandemic recession (aka the Great Contagion) can both be understood as being driven partially by large sector-specific shocks. However, the latter shows...
Persistent link: https://www.econbiz.de/10014357430