Einfluss auf die Wohnimmobilien- und private Konsumnachfrage in einer Ökonomie ausübt. Eine weitere zentrale Erkenntnis ist …

the consumption level of all households who are perceived to be richer, on household savings and consumption. When …

-income households were slightly more affected than others due to their consumption patterns. The savings rate also depends on employment …

endogenous firing as well as a short-time work decision. In recessions, short-time work reduces the unemployment risk of workers …, which mitigates their precautionary savings motive and aggregate demand falls by less. Using a quantitative model analysis … replacement rate can be more effective compared to an increase of the unemployment benefit replacement rate. …

recessions. First, we show that the consumption risk of short-time work is considerably smaller compared to unemployment using … risk of workers, which mitigates their precautionary savings motive. Using a quantitative model analysis, we show that this … frictions featuring an endogenous firing and short-time work decision. In recessions, short-time work reduces the unemployment …