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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
This paper evaluates the short-term labour market impact of the COVID-19 containment measures in Germany. It examines … two dimensions of the first lockdown in Germany, namely the length and the strength of the lockdown. While the assessment … considerably increased inflows from employment into unemployment, and 33 percent of the reduced outflows from unemployment to …
Persistent link: https://www.econbiz.de/10013341782
Does the COVID-19 pandemic cause people unhappy? In this study, we use a recent survey from China, Japan, South Korea, Italy, the United Kingdom and the United States to explore this question. We find a relatively large effect: a one per-mille point increase in the incidence of the COVID-19...
Persistent link: https://www.econbiz.de/10012422564
-state unemployment by 1.4 percentage points. …
Persistent link: https://www.econbiz.de/10011738878
Persistent link: https://www.econbiz.de/10014460407
Despite the high growth of the Peruvian economy during the last decade, college graduates are facing increasing difficulties to find occupations that match their higher educational background, skills and educational investments. This scenario is embodied in the "professional underemployment"...
Persistent link: https://www.econbiz.de/10011427813
The paper looks at how the distribution of jobs by complexity and firms' willingness to hire low educated labor for jobs of different complexity contribute to unskilled employment in Norway, Italy and Hungary. In search of how unqualified workers can attend complex jobs, it compares their...
Persistent link: https://www.econbiz.de/10010194753
The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in … change. The proposed framework offers a novel explanation for the observed divergence of unemployment rates across economies … adoption. The results of the paper challenge the popular, but controversial, view that blames generous unemployment insurance …
Persistent link: https://www.econbiz.de/10011489796
minimum-wage increase raises involuntary unemployment, but also raises skill formation as some individuals avoid unemployment … skill formation outweigh both the public revenue losses from additional unemployment and the utility losses of inefficient … the revenue losses from higher unemployment. We write this condition in terms of measurable sufficient statistics. Our …
Persistent link: https://www.econbiz.de/10011563071
I use the European Community Household Panel to ask whether unemployment affects the relationship between education and … from the experience of unemployment. This result partially compensates the fact that more education reduces the incidence … of unemployment: unemployment is less likely among the better educated, but its occurrence has more sizeable effects on …
Persistent link: https://www.econbiz.de/10011402355