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This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S¸ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter...
Persistent link: https://www.econbiz.de/10013295149
in Germany. Our findings are consistent with a stable demand for labor, especially in western Germany, implying that …
Persistent link: https://www.econbiz.de/10011437993
Seit ihrem Höhepunkt im Februar 2005 sank die Arbeitslosigkeit in Deutschland innerhalb von drei Jahren von 5 …The number of unemployed workers in Germany decreased dramatically from its peak in February 2005 at over 5.2 million … this episode assume that a worker leaving unemployment moves into full employment. We ask where the unemployed actually …
Persistent link: https://www.econbiz.de/10011663975
How do labour market policies influence employment's responsiveness to output fluctuations (employment-output elasticity)? We revisit this question on a panel of OECD countries, which also incorporates the period of the Great Recession. We distinguish between passive and active labour market...
Persistent link: https://www.econbiz.de/10011931530
How do labour market policies influence employment's responsiveness to output fluctuations (employment-output elasticity)? We revisit this question on a panel of OECD countries, which also incorporates the period of the Great Recession. We distinguish between passive and active labour market...
Persistent link: https://www.econbiz.de/10011951685
the unemployment rate and the adverse labor supply effect of the pandemic is more pronounced than implied by the labor …
Persistent link: https://www.econbiz.de/10012886925
unemployment. This paper examines several aspects of the adjustment,focusing on (i) evidence of increased labor market frictions … following the commodity pricedecline; (ii) flexibility in labor input adjustment in response to demand shocks; (iii) changes … frictions with the decline in commodity prices.The relatively smooth transition has been assisted by increased flexibility in …
Persistent link: https://www.econbiz.de/10012950426
German Abstract Die Corona-Pandemie 2020 wird ähnlich wie die Finanzkrise 2008 auch deutliche Spuren in der gesetzlichen Rentenversicherung hinterlassen. Diese treten aufgrund der Rentenanpassungsformel mit 1 bis 2 Jahren Verzögerung ein und sind stark asymmetrisch zugunsten der...
Persistent link: https://www.econbiz.de/10014098814
Persistent link: https://www.econbiz.de/10001780873
Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …
Persistent link: https://www.econbiz.de/10011413609