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This paper studies long economic series to assess the long-lasting effects of pandemics. We analyze if periods that cover pandemics have a change in trend and persistence in growth, and in level and persistence in unemployment. We find that there is an upward trend in the persistence level of...
Persistent link: https://www.econbiz.de/10012295989
Short Time Compensation [STC] was a key program in Germany to fight the crisis. However, STC is quite an old tool: in … macroeconomic shock. After a brief look into the institutional and quantitative development of STC in Germany, this paper tries to … Kurzarbeit - dass diese den Strukturwandel und notwendige Marktbereinigungen in Abschwüngen verschleppe - anhand …
Persistent link: https://www.econbiz.de/10009530413
of a coal phase-out in Germany, using a multi-region dynamic general equilibrium model. Four regional phase-out scenarios …
Persistent link: https://www.econbiz.de/10012321331
This paper analyzes the impact of participation in job creation schemes (JCSs) on job search outcomes in the context of the turbulent East German labor market in the aftermath of the German reunification. High job destruction characterized the economic environment. JCSs were heavily used in...
Persistent link: https://www.econbiz.de/10011697379
This paper analyzes the impact of job creation schemes (JCSs) on job search outcomes in the context of the turbulent East German labor market in the aftermath of the German reunification. High job destruction characterized the economic environment. JCSs were heavily used in order to cushion this...
Persistent link: https://www.econbiz.de/10011643433
Persistent link: https://www.econbiz.de/10000561920
Many countries have experienced major economic changes since the mid-1980s as a result of the deregulation and liberalization of national financial systems – two key aspects of globalization – with some experiencing boom and bust in rapid succession. The small Northern European country of...
Persistent link: https://www.econbiz.de/10003756270