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output changes at an early stage. We illustrate the method with an evaluation of the impact of the 2008-2009 crisis in …
Persistent link: https://www.econbiz.de/10010274679
search data to document how the great economic crisis has affected people's well-being and health studying the US, Germany … areas (US, Germany and the G8) are found, which are coincident with the crisis and its contagion timeline. An array of due …
Persistent link: https://www.econbiz.de/10010278433
rather than slowdowns in GPD growth, although we find a positive relationship between first births and growth. Despite that …
Persistent link: https://www.econbiz.de/10010269027
effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or …
Persistent link: https://www.econbiz.de/10010267482
This paper examines the relationship between pay inequality, economic growth, and performance in Korea. Pay inequality … relationship with economic growth and performance. For the empirical results we use panel data on the Korean manufacturing sector …
Persistent link: https://www.econbiz.de/10010268960
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections …. This paper shows that labor and credit market imperfections interact in a complementary way - which may explain why … develop this idea, we build a search model that treats credit and labor market imperfections in a symmetrical way. We …
Persistent link: https://www.econbiz.de/10010262387
construction job in the United Arab Emirates, where a crisis exogenously influenced job placement. Guest work raised the return to …
Persistent link: https://www.econbiz.de/10011984655
entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy …, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more …
Persistent link: https://www.econbiz.de/10010274553
, in the presence of credit constraints, has stimulated human capital formation and growth. Moreover, unequal distribution … for growth, the neoclassical paradigm dismissed the classical hypothesis and suggested that income distribution has … limited role in the growth process. A metamorphosis in these perspectives has taken place in the past two decades. Theory and …
Persistent link: https://www.econbiz.de/10010282627
levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi …
Persistent link: https://www.econbiz.de/10010269797