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This article is based on the results of two company surveys - the first was conducted in 2007, before the recession 2008/2009 hit Austria, and the second was conducted in 2009 shortly after the trough of it. We analyse firms’ reactions to the crisis and focus on their labour market relevant...
Persistent link: https://www.econbiz.de/10011605320
This article is based on the results of two company surveys - the first was conducted in 2007, before the recession 2008/2009 hit Austria, and the second was conducted in 2009 shortly after the trough of it. We analyse firms’ reactions to the crisis and focus on their labour market relevant...
Persistent link: https://www.econbiz.de/10008746575
the economic shock and predict layoffs and unemployment in the second quarter of 2020. The analysis allows for the … unemployment due to the pandemic vary throughout New England, and such adverse labor market effects tend to be somewhat smaller in … the region than in the country as a whole. Additionally, official estimates of unemployment from available second …
Persistent link: https://www.econbiz.de/10014088470
producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the …
Persistent link: https://www.econbiz.de/10011398923
case of Germany. A Job Guarantee's impact on inflation depends on excess production capacities of economic sectors as well …As a bottom-up approach, a Job Guarantee policy can tackle the issue of unemployment on the macroeconomic … inflationary pressure is no major obstacle. Strengthening workers' bargaining power in Germany through a Job Guarantee policy could …
Persistent link: https://www.econbiz.de/10012301007
This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …
Persistent link: https://www.econbiz.de/10011446670
The concept of the "employment thresholdin the public discussion of unemployment. The employment threshold is defined … productivity. It is related to the Okun coefficient which describes the relationship between the changes of output and unemployment …
Persistent link: https://www.econbiz.de/10013321076
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty in order to prevent layoffs and stabilize employment. Many OECD countries have used this policy in the Great Recession, for example. This paper shows that the effects of...
Persistent link: https://www.econbiz.de/10011718992
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10011845664
This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …
Persistent link: https://www.econbiz.de/10014099095