Showing 1 - 10 of 6,622
Germany and the United States pursued different economic strategies to minimise the impact of the Coronavirus Crisis on … the labour market. Germany focused on safeguarding existing jobs through the use of internal flexibility measures … contrasting it with the chosen strategy in the United States. In Germany, temporary cyclical reductions in working hours are …
Persistent link: https://www.econbiz.de/10013368682
Firms in the S and P 500 often announce layoffs within days of one another, despite the fact that the average S and P 500 constituent announces layoffs once every 5 years. By contrast, similarsized privately-held firms do not behave in this way. This paper provides empirical evidence that such...
Persistent link: https://www.econbiz.de/10011716337
Persistent link: https://www.econbiz.de/10011815547
Persistent link: https://www.econbiz.de/10011819060
A simple model evaluating a firm’s optimal employment reaction to an imminent recession is presented. Firing costs shelter employment – and this effect is typically amplified by uncertainty due to an option value of waiting. However, this job protection effect is reduced if the expected...
Persistent link: https://www.econbiz.de/10003852225
Persistent link: https://www.econbiz.de/10010378737
Persistent link: https://www.econbiz.de/10010495644
Using an administrative dataset covering 2 million job loss events we analyze the impact of unemployment insurance (UI) benefits on spending from 2008 to 2020. We find that during the Great Recession spending cuts after job loss were deeper than in the subsequent expansion, but in the COVID-19...
Persistent link: https://www.econbiz.de/10013214968
This paper studies the intergenerational impact of parental job loss on school performance during the Great Recession in Spain. Collecting data through parental surveys in a school in the province of Barcelona, I obtain information about the parental labour market status before and after the...
Persistent link: https://www.econbiz.de/10012293099
With periodic recessions and the rising costs of health care, it is important to know how labor market participation and insecurity affects health outcomes. Yet, this line of research faces a number of methodological challenges which this paper aims to address. We turn to Ukraine's experience...
Persistent link: https://www.econbiz.de/10011664295