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variation in state level unemployment rates as a source of plausibly exogenous variation in the outside option available to … unemployment are more likely to express dissatisfaction with their jobs. Other observable demographic, educational, and …
Persistent link: https://www.econbiz.de/10012909835
In den letzten zwanzig Jahren hat die Bedeutung internationaler Vergleiche für die Bewertung der Arbeitsmarkt- und … ausländischen Erfahrungen für die Gestaltung von Arbeitsmarkt- und Sozialstaatsreformen gelernt werden kann. Skepsis ist angebracht … erfolgreich hat die Bundesrepublik die letzte weltweite Finanz- und Wirtschaftskrise bis heute gemeistert. Ein Zwischenfazit zur …
Persistent link: https://www.econbiz.de/10009376412
economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong …
Persistent link: https://www.econbiz.de/10009302183
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
Persistent link: https://www.econbiz.de/10014307608
We compile a novel high-frequency, detailed geographic dataset on mass layoffs from U.S. state labor departments. Using recent advances in difference-in-difference estimation with staggered treatment, we find that locally-mandated stay-at-home orders issued March 16–22, 2020 triggered mass...
Persistent link: https://www.econbiz.de/10014582236
This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We … matching model, we estimate that about 45% of the surge in Spanish unemployment could have been avoided had Spain adopted …
Persistent link: https://www.econbiz.de/10008757525
of the unemployment rate and of worker transitions. …
Persistent link: https://www.econbiz.de/10011821431
This paper studies a labor market search-matching model with multi-worker firms to investigate how firms utilize the extensive and intensive margins over the business cycle. The earnings function derived from the Stole-Zwiebel bargaining acts as an adjustment cost function for employment and...
Persistent link: https://www.econbiz.de/10010502792
The cyclical behavior of hours of work, wages, and consumption does not conform with the prediction of the representative agent with standard preferences. The residual in the intra-temporal first-order condition for commodity consumption and leisure is often viewed as a failure of labor-market...
Persistent link: https://www.econbiz.de/10013097141