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Who is Resilient in a Time of Crisis? The Importance of Financial and Non-Financial Resources
Johnston, David W.; Kung, Claryn S. J.; Shields, Michael A. - 2020
We identify the individual resources that predicted psychological resilience during the COVID-19 lockdown. Using UK … matching respondents on key characteristics, we find that the most important predictor of resilience is non-cognitive skills … income, wealth, cognitive ability, nor social capital predicted resilience. Our findings hold when comparing differences …
Persistent link: https://www.econbiz.de/10012322519
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Pandemic Depression: COVID-19 and the Mental Health of the Self-Employed
Caliendo, Marco; Graeber, Daniel; Kritikos, Alexander S.; … - 2022
We investigate the effect of the COVID-19 pandemic on self-employed people’s mental health. Using representative longitudinal survey data from Germany, we reveal differential effects by gender: whereas self-employed women experienced a substantial...
Persistent link: https://www.econbiz.de/10013351799
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German Financial State Aid during COVID-19 Pandemic: Higher Impact among Digitalized Self-Employed
Bertschek, Irene; Block, Jörn; Kritikos, Alexander S.; … - 2022
In response to strong revenue and income losses that a large share of the self-employed faced during the COVID-19 pandemic, the German federal government introduced a €50bn emergency aid program. Based on real-time online-survey data comprising more than 20,000 observations, we analyze the...
Persistent link: https://www.econbiz.de/10013426457
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Crises, what crises?
Campos, Nauro F.; Hsiao, Cheng; Nugent, Jeffrey B. - 2006
Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...
Persistent link: https://www.econbiz.de/10010267978
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Automatic stabilizers and economic crisis: US vs. Europe
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10010269611
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Crisis, what crisis? Patterns of adaptation in European labor markets
Eichhorst, Werner; Feil, Michael; Marx, Paul - 2010
The current crisis, while of a global nature, has affected national labor markets to a varying extent. While some countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel with a significant decline in GDP. Our analysis shows...
Persistent link: https://www.econbiz.de/10010269943
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Health and well-being in the crisis
Askitas, Nikos; Zimmermann, Klaus F. - 2011
The internet has become an important data source for the Social Sciences because these data are available without lags, can be regarded as involuntary surveys and hence have no observer effect, can be geo-labeled, are available for countries across the globe and can be viewed in continuous time...
Persistent link: https://www.econbiz.de/10010278433
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The weight of the crisis: Evidence from newborns in Argentina
Bozzoli, Carlos; Quintana-Domeque, Climent - 2010
Argentina hit headlines around the world in 2002 on account of the largest debt default in history and a sudden economic collapse that generated statistics reminiscent of those from the Great Depression. In this article we focus on other consequences of the crisis that are not so obvious but...
Persistent link: https://www.econbiz.de/10010278658
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Labor demand during the crisis: What happened in Germany?
Bohachova, Olga; Boockmann, Bernhard; Buch, Claudia M. - 2011
In Germany, the employment response to the post-2007 crisis has been muted compared to other industrialized countries. Despite a large drop in output, employment has hardly changed. In this paper, we analyze the determinants of German firms' labor demand during the crisis using a firm-level...
Persistent link: https://www.econbiz.de/10010282281
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Another economic miracle? The German labor market and the great recession
Rinne, Ulf; Zimmermann, Klaus F. - 2011
The mild response of the German labor market to the worst global recession in post-war history appears as an economic miracle. In response to the crisis, Germany has shown to be a strong case of internal flexibility. We argue that important factors that have contributed to this development...
Persistent link: https://www.econbiz.de/10010282628