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We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012211549
This paper studies job search behavior in the midst of a pandemic recession. We use long-running panel data from the Netherlands (LISS) and complement the core survey with our own COVID-specific module, conducted in June 2020, surveying job search effort of employed as well as unemployed...
Persistent link: https://www.econbiz.de/10012486385
In this paper, we shed light on the impacts of the COVID-19 pandemic on the labor market, and how they have evolved over most of the year 2020. Relying primarily on microdata from the CPS and state-level data on virus caseloads, mortality, and policy restrictions, we consider a range of...
Persistent link: https://www.econbiz.de/10012436380
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012207117
up to 29 years. I find that high and progressive labour taxes and generous unemployment benefits amplify labour income … changes through dismissals. -- employment fluctuations ; business-cycle ; EPL ; tax wedge ; unemployment benefits …
Persistent link: https://www.econbiz.de/10009629593
The persistence of the employment shock by COVID-19 has various policy implications during the pandemic and beyond it … results show that while face-to-face services were undoubtedly hit hard by the COVID-19 crisis, the sectoral shock was less … suggest that targeted measures to mitigate the persistent effects of the employment shock should take priority during the …
Persistent link: https://www.econbiz.de/10012591513
. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …
Persistent link: https://www.econbiz.de/10014250592
. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …
Persistent link: https://www.econbiz.de/10014357430
for immigrants than for natives: a one percentage point increase in the unemployment rate is associated with a 0.61 and 0 …
Persistent link: https://www.econbiz.de/10013252566
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
Persistent link: https://www.econbiz.de/10010491732