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While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long …-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID …-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long …
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Would countercyclical fiscal policy during recessions improve or worsen the gender employment gap? We answer this question by exploring the state-dependent impact of fiscal spending shocks on employment by gender in the G-7 countries. Using the local projection method, we find that, during...
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