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severe and prolonged macroeconomic shock affects wage rigidity and unemployment. Our second survey was conducted in 1998 …, when the unemployment rate was much higher, and the inflation rate much lower, than when we conducted the first survey in … 1991. We find no evidence that the increase in unemployment has softened the mechanisms generating wage rigidity. On the …
Persistent link: https://www.econbiz.de/10005207250
We exploit the exceptional variation in municipality-level unemployment and spending on labor market programs in Sweden … during the 1990s to identify the impact of unemployment and programs on crime. We identify a statistically significant effect … of unemployment on the incidence of overall crime, burglary, auto-theft and drug possession. A calculation suggests that …
Persistent link: https://www.econbiz.de/10005651833