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Persistent link: https://www.econbiz.de/10010414898
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 post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10012909849
their labor input in response to an uncertainty shock by delaying the replacement of workers who leave these establishments. …
Persistent link: https://www.econbiz.de/10012614112
Persistent link: https://www.econbiz.de/10012603216
their labor input in response to an uncertainty shock by delaying the replacement of workers who leave these establishments. …Zahlreiche Studien zeigen, dass sich Unsicherheitsschocks negativ auf den Arbeitsmarkt auswirken. Als Ursache für die … Transmission von Unsicherheitsschocks auf den Arbeitsmarkt werden in den meisten Studien die Anpassungskosten der Beschäftigung …
Persistent link: https://www.econbiz.de/10012607557
The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting … aggregate measures of unemployment responses to temporary and permanent shocks. These measures are temporal (depicting how long …
Persistent link: https://www.econbiz.de/10013321310
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 post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011634724
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 post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011916540
Persistent link: https://www.econbiz.de/10012198933
This paper studies the economic and political effects of a large trade shock in agriculture – the grain invasion from … the Americas – in Prussia during the first globalisation (1871-1913). We show that this shock accelerated the structural …
Persistent link: https://www.econbiz.de/10012629608