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We analyse measures of internal flexibility taken to safeguard employment during the Coronavirus Crisis in comparison …
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response successfully offset earnings loses among lower-wage workers, the risk of continued and persistent unemployment remains …
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-19 lockdown. White workers fare better than other racial/ethnic groups in both recessions. Black and Hispanic women are …
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The world economy entered the third decade of this century with uncertainties and challenges of COVID-19 pandemic before it had fully recovered from the lingering aftereffects of the financial crisis. The financial crisis ended a period of overall global economic growth and price stability...
Persistent link: https://www.econbiz.de/10012485796
. We find that young and less educated workers have always been affected more in recessions, while women and Hispanics were … teleworkable and essential jobs fell less during the Pandemic Crisis. Lastly, during both recessions, workers at low …-income earnings have suffered more than top-income earners, suggesting a significant distributional impact of the two recessions …
Persistent link: https://www.econbiz.de/10012828220
. Whereas recent recessions in advanced economies usually had a disproportionate impact on men's employment, giving rise to the …
Persistent link: https://www.econbiz.de/10012493353
The collapse of Lehman Brothers in 2008 and the resulting credit crisis that followed were two of the most devastating crises to ever have plagued the masses around the world. The Great Financial Crisis changed the actual economy and caused shockwaves that echoed throughout the entire planet....
Persistent link: https://www.econbiz.de/10014263859