Great Recession and the pandemic recession (aka the Great Contagion) can both be understood as being driven partially by …. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …, consequently, of output, and slow-down worker reallocation away from the sectors badly hit by the recession. …

Great Recession and the pandemic recession (aka the Great Contagion) can both be understood as being driven partially by …. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …, consequently, of output, and slow-down worker reallocation away from the sectors badly hit by the recession …

This paper studies the mechanisms driving the persistently high unemployment rate during the last recession and mild … recovery. Previous studies have examined the demographic aspect of the recession. We focus on specific industries. Consequently …, we propose a methodology to decompose changes in the unemployment rate into worker inflows and outflows across industry …

changes in labor taxes affect employment, unemployment, and inactivity rates in the European Union. The descriptive empirical …

employment rate since workers also apply for more disability and unemployment benefits. Moreover, most of them simply retire …

exogenous cross-sectional variation to identify the casual effect of stimulus investment on the change in unemployment on the …In 2009, Germany invested 15.4 Billion Euro in infrastructure to avert the looming recession. In this study, we … evaluate whether the German stimulus program was successful in limiting the impact of the crisis on the job market. We exploit …