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States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains … did not change substantially in Germany, increased and remained at relatively high levels in the United States, and …
Persistent link: https://www.econbiz.de/10012457972
The Great Depression of the 1930s led contemporaries to worry that people hit by hard times would turn to crime in … at the roots of crime" by providing subsistence income to needy families. After constructing a panel data set for 81 … on crime rates. The analysis suggests that a ten percent increase in relief spending during the 1930s lowered property …
Persistent link: https://www.econbiz.de/10012465832
the unemployment rate and the real minimum wage; sticks are measured by felony arrests, police force and New York City …. While both economic and deterrence variables are important in explaining the decline in crime, the contribution of …
Persistent link: https://www.econbiz.de/10012469652
, primarily through an increase in guilty pleas. Pre-trial detention has no detectable effect on future crime, but decreases pre …-trial crime and failures to appear in court. We also find suggestive evidence that pre-trial detention decreases formal sector …
Persistent link: https://www.econbiz.de/10011578513
's criminal justice system, offering new insights into how incarceration affects subsequent crime and employment. We construct a …. Exploring factors that may explain the preventive effect of incarceration, we find the decline in crime is driven by individuals …
Persistent link: https://www.econbiz.de/10012456032
We adopt a time series approach to investigate the historical relation between unemployment, life expectancy, and … and race. We find that shocks to unemployment are followed by statistically significant increases in mortality rates and … and life expectancy. We estimate the size of the COVID-19-related unemployment to be between 2 and 5 times larger than the …
Persistent link: https://www.econbiz.de/10012482522
sharp increase in the incidence of long-term unemployment (LTU) during the Great Recession. We first show that compositional … shifts in demographics, occupation, industry, region, and the reason for unemployment jointly account for very little of the … model that allows for duration dependence in the exit rate from unemployment and for transitions between employment (E …
Persistent link: https://www.econbiz.de/10012458392
This paper studies the connection between the stock market and the unemployment rate. I establish three facts. First …, the log of the real value of the S&P 500 and the log of a logistic transformation of the unemployment rate are non …-stationary cointegrated series. Second, the stock market Granger causes the unemployment rate. Third, the connection between changes in the …
Persistent link: https://www.econbiz.de/10012459270
This study examines the determinants of the reservation wage of unemployed persons in the Federal Republic of Germany … ambiguity of some explanatory variables. The data basis are unemployed persons leaving the unemployment register within a given … unemployment compensation play minor roles …
Persistent link: https://www.econbiz.de/10012478551
The job finding rate of Unemployment Insurance (UI) recipients declines in the initial months of unemployment and then …-message-based survey of unemployed workers in Germany. We surveyed 6,800 UI recipients twice a week for 4 months about their job search … effort. The panel structure allows us to observe how search effort evolves within individual over the unemployment spell. We …
Persistent link: https://www.econbiz.de/10012481994