employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …

of other employment policies. …

demand shocks lower wages, employment and increase unemployment under equilibrium conditions. Furthermore, the results show … market although the return to pre-shock employment level depends on a number of factors related to the subsidy (such as …

How much did shocks to household credit supply reduce employment in the Great Recession? To answer this question, I … decline in credit supply to households reduced home purchase and mortgage refinance credit by 7 and 20 percent, and employment … by 3 percent. In partial equilibrium, the household credit channel implies employment losses equal to at least 20 percent …

80% of their pre-crisis level. Also, data suggest that the increase in employment in May 2020 is due to some of those … waiting to be recalled re-entering employment. These patterns suggest that a reasonably quick rebound of the labour market may …

80 percent of their pre-crisis level. Also, data suggest that the increase in employment in May 2020 is due to some of … those waiting to be recalled re-entering employment. These patterns suggest that the labour market might rebound quickly …

per week. We found a corresponding increase in part-time employment of 2 percentage points for all minimum wage workers …