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deutschem Eigentum während der Rezession eine stabilisierende Rolle für den tschechischen Arbeitsmarkt einnahmen. …
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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...
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The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend … unemployment rates is more sensitive to cyclical behavior for certain demographic groups, specifically unskilled and young workers …
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The persistence of the employment shock by COVID-19 has various policy implications during the pandemic and beyond it. After evaluating the impact of the health crisis at the individual level, this study decomposes employment losses into persistent and transitory components using the observed...
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of COVID-19. This occasional paper assesses the impact of this crisis on key labour market variables, such as (un-)employment …, wages and productivity, and highlights the differences versus past recessions, with an emphasis on the global financial …
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