This paper investigates the causal effect of global value chain (GVC)-related trade on the German labor market during the COVID-19 crisis, using a difference-in-differences approach combined with entropy balancing. The analysis of monthly establishment-level data from January 2019 to December...

Front Cover; Contents; Acknowledgments; Contributors; Abbreviations; Overview; Background: Unemployment and Fragility; Prevailing Approaches to Employment Generation; New Thinking Regarding Employment Generation in Fragile Environments; Agriculture Value Chain Development: An Underexploited...

We develop a theory of unemployment in which workers search for jobs through a network of firms, the labor flow network (LFN). The lack of an edge between two companies indicates the impossibility of labor flows between them due to high frictions. In equilibrium, firms' hiring behavior...