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Governmental policies to reduce unemployment during recessions : insights from an ABM
Bauermann, Tom - 2020
the generosity of unemployment benefits (UB) and short-time work. This paper aims to contribute to the theoretical … unemployment benefits and increasing search efforts, b) a fiscal stimulus and c) short-time work. In contrast to other studies that … from the heterogeneity of agents. I find four main results: 1) a) has nearly no effect on unemployment in the short run and …
Persistent link: https://www.econbiz.de/10012214516
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Recessions, the energy mix and environmental policy
Deb, Pragyan; Furceri, Davide; Ostry, Jonathan David; … - 2023
How do severe recessions, such as those brought about by the Global Financial Crisis or the COVID-19 pandemic, affect the composition of energy generation between green and dirty sources? Does creative destruction during recessions result in a sustained greening of the energy mix? The empirical...
Persistent link: https://www.econbiz.de/10014466810
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Against all odds : job search during the Great Recession
Leyva, Gustavo - 2018
to the unemployed in response to the Great Recession. While their search intensity depends on a number of factors that … an expected long period of unemployment make a job more valuable during recessions. I estimate the elasticity of the …
Persistent link: https://www.econbiz.de/10011894127
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Transitions in the German labor market : structure and crisis
Krause, Michael; Uhlig, Harald - 2011
featured mainly declining unemployment rates. We develop a search and matching model with heterogeneous skills to explore the … role of structural and cyclical policies for this performance. Calibrating unemployment benefits to approximate legislation … before and after the reforms, we find a large reduction in unemployment and its duration, with the transition concluding …
Persistent link: https://www.econbiz.de/10009490829
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Employment adjustment and part-time jobs : the U.S. and the U.K. in the Great Recession
Borowczyk-Martins, Daniel; Lalé, Etienne - 2016
We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially during cyclical swings in the labor market. Building on this result, we propose a novel representation of the intensive margin based on a stock-flow framework. The evolution of...
Persistent link: https://www.econbiz.de/10011455784
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Accounting for Unemployment in the Great Recession : Nonparticipation Matters
Kudlyak, Marianna - 2012
employment and unemployment to account for the dynamics of the unemployment rate, this was not true in the Great Recession. The …We conduct an accounting exercise of the role of worker flows between unemployment, employment, and labor force … nonparticipation in the dynamics of the aggregate unemployment rate across four recent recessions: 1982-1983, 1990-1991, 2001, and 2007 …
Persistent link: https://www.econbiz.de/10013099242
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The German Labor Market During the Great Recession : Shocks and Institutions
Gehrke, Britta - 2018
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general … driver for the "German labor market miracle" during the Great Recession …
Persistent link: https://www.econbiz.de/10012909849
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Household Credit and Employment in the Great Recession
Mondragon, John - 2018
How much did shocks to household credit supply reduce employment in the Great Recession? To answer this question, I …
Persistent link: https://www.econbiz.de/10012937678
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Post-compulsory schooling of youth in Turkey during the Great Recession: a case of pro-cyclical enrollment
Demirci, Murat; Poyraz, Meltem - 2021
. In this paper, we empirically analyze how local unemployment rates affect enrollment decisions in Turkey during the … period covering the Great Recession of 2008-2009. Our estimates show that the likelihood of enrollment in university … undergraduate programs decreases during periods of and in regions experiencing higher unemployment, whereas the enrollment in high …
Persistent link: https://www.econbiz.de/10012625119
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Labor Force Participation and Monetary Policy in the Wake of the Great Recession
Erceg, Christopher J. - 2014
In this paper, we provide compelling evidence that cyclical factors account for the bulk of thepost-2007 decline in the U.S. labor force participation rate. We then proceed to formulate astylized New Keynesian model in which labor force participation is essentially acyclical during“normal...
Persistent link: https://www.econbiz.de/10013061162