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We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012207864
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012214176
recessions. If benefits are too generous, however, the programs can lengthen unemployment and raise the unemployment rate. The …All developed economies have unemployment benefit programs to protect workers against major income losses during spells … of unemployment. By enabling unemployed workers to meet basic consumption needs, the programs protect workers from having …
Persistent link: https://www.econbiz.de/10011404836
Recessions are complex events that affect personal health and behavior via various potentially opposing mechanisms …. While recessions are known to have negative effects on mental health and lead to an increase in suicides, it has been proven … that they reduce mortality rates. A general health policy agenda in relation to recessions remains ambiguous due to the …
Persistent link: https://www.econbiz.de/10011573673
unemployment rate at labor market entry for each birth cohort and state-of-birth cell based on average state migration rates and …
Persistent link: https://www.econbiz.de/10011984486
I examine the short-term labor market effects of the Great Lockdown in the United States. I analyze job losses by task content (Acemoglu & Autor 2011), and show that they follow underlying trends; jobs with a high non-routine content are especially well-protected, even if they are not...
Persistent link: https://www.econbiz.de/10012304503
to the coronavirus pandemic. These measures have caused dramatic increases in unemployment in the short run, with an … than good due to the economic contraction, despite a large literature that finds mortality rates decline during recessions …. We estimate the relationship between unemployment, a widely accepted proxy for economic climate, and mortality in …
Persistent link: https://www.econbiz.de/10012322541
In recessions, unemployment increases despite the—perhaps counterintuitive—fact that the number of unemployed workers … unemployment fluctuations resting on this countercyclicality of gross flows from unemployment into employment. In recessions, the … losses from job displacement and from graduating during recessions, and the insensitivity of unemployment to labor market …
Persistent link: https://www.econbiz.de/10012425637
There has been much interest recently in the relationship between economic conditions and mortality, with some studies showing that mortality is pro-cyclical, while others find the opposite. Some suggest that the aggregation level of analysis (e.g. individual vs. regional) matters. We use both...
Persistent link: https://www.econbiz.de/10013208785
Recessions are complex events that affect personal health and behavior via various potentially opposing mechanisms …. While recessions are known to have negative effects on mental health and lead to an increase in suicides, it has been proven … that they reduce mortality rates. A general health policy agenda in relation to recessions remains ambiguous due to the …
Persistent link: https://www.econbiz.de/10013266242