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We study the impact of economic policy uncertainty on the probability and duration of economic recessions in 10 major European Union countries over the period 1987Q2-2021Q1. We find that economic policy uncertainty results in not only a higher probability of economic recessions but also longer...
Persistent link: https://www.econbiz.de/10013220206
Germany and the United States pursued different economic strategies to minimise the impact of the Coronavirus Crisis on … the labour market. Germany focused on safeguarding existing jobs through the use of internal flexibility measures … contrasting it with the chosen strategy in the United States. In Germany, temporary cyclical reductions in working hours are …
Persistent link: https://www.econbiz.de/10013368682
-- 13. The importance of place : restructuring as local-central negotiation / Heike Doering -- 14. Recession, recovery and … in Canada / Eric Champagne -- 17. Local government and economic shock within a federal system : the Australian case …
Persistent link: https://www.econbiz.de/10015067753
Persistent link: https://www.econbiz.de/10000670848
Firms are more productive on average in larger cities. Two main explanations have been offered: firm selection (larger cities toughen competition, allowing only the most productive to survive) and agglomeration economies (larger cities promote interactions that increase productivity), possibly...
Persistent link: https://www.econbiz.de/10013107198
The well-known rise in the geographical concentration of hog production suggests the presence of agglomeration economies related to spatial spillovers and inter-dependencies among industries. In this paper, we examine whether manure management regulation restricting manure application per acre...
Persistent link: https://www.econbiz.de/10011571131
This paper assesses the prospects of a 2021 time bomb in small and medium-sized enterprises (SME) failures triggered by the generous support policies enacted during the 2020 COVID-19 crisis. Policies implemented in 2020, on their own, do not create a 2021 time bomb for SMEs. Rather, business...
Persistent link: https://www.econbiz.de/10012425090
Regional labour markets in the „Great Recession“: The evolution of regional unemployment rates in Germany, France and …
Persistent link: https://www.econbiz.de/10009731773
Persistent link: https://www.econbiz.de/10014365797
We use generalized method of moments to estimate a rational expectations aggregate demand-aggregate supply macroeconomic model for five European economies. Our aim is to examine whether supply or demand shocks have predominated in the major European economies during the post-war era and whether...
Persistent link: https://www.econbiz.de/10014048560