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This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011634724
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011916540
Persistent link: https://www.econbiz.de/10014478661
Persistent link: https://www.econbiz.de/10012059788
Okun's law is formulated as the ratio between GDP and unemployment (UE): β = f(GDP/UE). It is used to investigate the …
Persistent link: https://www.econbiz.de/10013498938
Persistent link: https://www.econbiz.de/10010354132
unemployment and the factors that influence it. The information we used came from multiple sources, such as economic literature … analysis of unemployment has been completed by the utilization of a multiple linear regression model. The research first …-depth analysis of unemployment, which also includes an econometric model. The research enumerates the variables that determine and …
Persistent link: https://www.econbiz.de/10011783986
the pandemic. We assess how the likelihood of the working-age population falling into the unemployment pool varies before …
Persistent link: https://www.econbiz.de/10014370536
Persistent link: https://www.econbiz.de/10010438914
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/10012306404