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Financial Shocks and the Erosion of Interpersonal Trust : Evidence from Longitudinal Data

Jetter, Michael - 2017

a positive financial shock (e.g., winning the lottery). However, trust falls sharply following a negative financial … shock (e.g., bankruptcy). In terms of magnitude, this effect is approximately equivalent to the effect observed after one …, following a negative financial shock. In turn, locus of control is closely associated with interpersonal trust levels …

Persistent link: https://www.econbiz.de/10012940855

Local Labor Markets and the Persistence of Population Shocks

Braun, Sebastian - 2017

This paper studies the persistence of a large, unexpected, and regionally very unevenly distributed population shock … data from 1939 to 1970, we show that the shock had a persistent effect on the distribution of population within local labor …

Persistent link: https://www.econbiz.de/10012945234

Wealth Shocks and Health Outcomes : Evidence from Stock Market Fluctuations

Schwandt, Hannes - 2014

shock leads to an improvement of 2-3% of a standard deviation in physical health, mental health and survival rates. Effects …

Persistent link: https://www.econbiz.de/10013050970

Worker Flows and Labour Market Adjustment During the Great Recession : Evidence from a Large Shock

Lehmann, Hartmut - 2016

This paper analyzes how the labor market adjusts to the Great Recession. To this aim, we use the data for Latvia, a country that has experienced one of the most severe recessions in Europe and a subsequent remarkable recovery. Employing longitudinal EU SILC data and a panel data set constructed...

Persistent link: https://www.econbiz.de/10013001888

On-the-Job Search, Productivity Shocks and the Individual Earnings Process

Postel-Vinay, Fabien - 2006

Individual labor earnings observed in worker panel data have complex, highly persistent dynamics. We investigate the capacity of a structural job search model with i.i.d. productivity shocks to replicate salient properties of these dynamics, such as the covariance structure of earnings, the...

Persistent link: https://www.econbiz.de/10012780530

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

The Adverse Effect of the COVID-19 Labor Market Shock on Immigrant Employment

Borjas, George J. - 2020

Employment rates in the United States fell dramatically between February 2020 and April 2020 as the initial repercussions of the COVID-19 pandemic reverberated through the labor market. This paper uses data from the CPS Basic Monthly Files to document that the employment decline was particularly...

Persistent link: https://www.econbiz.de/10012833269

Inequality in the Impact of the Coronavirus Shock : Evidence from Real Time Surveys

Adams-Prassl, Abi - 2020

We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...

Persistent link: https://www.econbiz.de/10012835191

Firms and Early Retirement : Offers that One Does Not Refuse

Bellmann, Lutz - 2007

According to the Hutchens (1999) model, early retirement is not explained as a result of maximizing expected individual utility but rather as a demand-side phenomenon arising from a firm's profit-maximizing behaviour. Firms enter into contracts with their employees that include clauses about...

Persistent link: https://www.econbiz.de/10012776384

The Impact of Household Shocks on Domestic Violence : Evidence from Tanzania

Abiona, Olukorede - 2018

negative rainfall shock from the long-term mean increases the incidence by about 13.1 per cent compared to the baseline. We …

Persistent link: https://www.econbiz.de/10012906481