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with the 1980s recession it is concluded that there is a high cross-country correlation of the unemployment rates over the … two recessions indicating that some labor markets are more vulnerable to fluctuations in economic growth than others …. Young workers are the most affected by the Great Recession both in terms of unemployment rates as well as employment rates …
Persistent link: https://www.econbiz.de/10013029525
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
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
EWE is a consequence of one of the most important labor institutions: the unemployment benefit (UB). We develop a model …
Persistent link: https://www.econbiz.de/10012310881
Equilibrium labor market theory suggests that unemployment benefit extensions affect unemployment by impacting both job … vacancy creation and employment and a rise in unemployment …
Persistent link: https://www.econbiz.de/10012905171
states. Our results show that while COVID-19 temporarily disrupted labour market matching, mismatch unemployment returned to …
Persistent link: https://www.econbiz.de/10015426856
-19 pandemic, overall labour market conditions were relatively stable, with mismatched unemployment returning to pre …
Persistent link: https://www.econbiz.de/10015163416
We use the panel data of the German Socio-Economic Panel (SOEP) and of the Ukrainian Longitudinal Monitoring Survey (ULMS) to investigate whether risk attitudes have primary (exogenous) determinants that are valid in different stages of economic development and in a different structural context,...
Persistent link: https://www.econbiz.de/10011337020
We use the panel data of the German Socio-Economic Panel (SOEP) and of the Ukrainian Longitudinal Monitoring Survey (ULMS) to investigate whether risk attitudes have primary (exogenous) determinants that are valid in different stages of economic development and in a different structural context,...
Persistent link: https://www.econbiz.de/10011376904
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …
Persistent link: https://www.econbiz.de/10001623736