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The paper analyses the potential impact of stock market developments on lending behaviour from different perspectives. First we scrutinize the impact of stock market movements on the banks’ and on the borrowers’ balance sheets. Subsequently we estimate aggregate credit supply and demand...
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periods and the size of unemployment benefits on unemployment durations and post{unemployment earnings in West Germany. For … the unemployment duration, we estimate censored Box{Cox quantile regression, which is robust with respect to the … the length of benefit entitlement is only of minor importance for the duration of search unemployment and for post …
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From 2002–2004, the German government passed several laws that curtailed the generosity of the unemployment … compensation system. One of the most ambitious changes was a considerable reduction in unemployment benefit entitlement lengths for … highly disputed reform induced a considerable decline in unemployment incidence among older workers. It thus sealed an …
Persistent link: https://www.econbiz.de/10003914220
From 2002-2004, the German government passed several laws that curtailed the generosity of the unemployment … compensation system. One of the most ambitious changes was a considerable reduction in unemployment benefit entitlement lengths for … highly disputed reform induced a considerable decline in unemployment incidence among older workers. It thus sealed an …
Persistent link: https://www.econbiz.de/10003948156
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dependent competing risks. We apply our framework to empirically evaluate the effect of unemployment benefits on observed … migration of unemployed workers in Germany. Our findings weakly indicate that reducing the entitlement length for unemployment …
Persistent link: https://www.econbiz.de/10003517267
finite sample properties and our implementation appears to be very fast. A small application to German unemployment duration … level of social benefits has a strong impact on the length of long term unemployment for low earners and fertility is … related with longer unemployment periods of females. …
Persistent link: https://www.econbiz.de/10003527620