unemployment insurance, and active labor market policies. This model has coped with the Great Recession and the Covid-19 pandemic …, avoiding large increases in long-term and structural unemployment. The recovery from Covid-19 alongside re-openings has been … responded-with some lag-to unemployment. …

den Jahren 2008 und 2009. Wir schätzen ein allgemeines Gleichgewichtsmodell mit einem detaillierten Arbeitsmarkt mit … von kontrafaktischen Analysen zu quantifizieren. Wir identifizieren positive Schocks auf dem Arbeitsmarkt als wichtigsten …

. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …

. Traditionally, the unemployment rose sharply during previous economic recessions. Therefore, it seemed like a novelty when the … unemployment rate rose only insignificantly in a pandemic recession. We find that both the demand and supply side of the labour … increase in unemployment during a recession, the rate of utilization of workers’ time capacities fell, with expected impacts …