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experienced a positive demand shock from the pandemic, presumably to increase production capacity. …
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The highly dynamic nature of the COVID-19 crisis poses an unprecedented challenge to policy makers around the world to … the COVID-19 shock translates into a noticeable reduction in gross labor income across the entire income distribution …
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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 postunification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
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This paper takes an explorative approach for analyzing the economic development of German Spatial Planning Regions during and after the Great Recession covering the period from 2007 to 2017. Specifically, we are interested in the relation between the short- and the mid-term resilience of regions...
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