Showing 1 - 10 of 71
The relationship between recessions and health is mixed, with some evidence from the most recent financial crisis finding a positive effect on heath behaviours. This study uses longitudinal data spanning the periods before, during and after the Irish crisis of 2008, to test the impact of...
Persistent link: https://www.econbiz.de/10012063066
The incidence of adiposity in the early years of life has outgrown the prevalence rate in older children and adolescents globally; however, the relationships between unemployment and weight are predominantly studied in adults. This study examines the relationship between changing economic...
Persistent link: https://www.econbiz.de/10012221289
The COVID-19 pandemic is producing a global health and economic crisis. The entire globe is facing the trade-off between health and recessionary effects. This paper investigates this trade-off according to a macro-dynamic perspective. We set up and simulate a Dynamic Stochastic General...
Persistent link: https://www.econbiz.de/10012258268
We develop a model of firm learning in volatile markets with noisy signals and test its predictions using historical German data. Firms' forecasts improve with age. We exploit German Reunification as a natural experiment where firms in the East are treated with ignorance about the distribution...
Persistent link: https://www.econbiz.de/10011580632
This paper studies the long-run relationship between consumption, asset wealth and income in Germany, based on data … these three variables from their common trend signal changes in asset prices, we find that for Germany they predict changes … Germany than in the Anglo-Saxon economies and the share of publicly traded equity in household wealth is much smaller in …
Persistent link: https://www.econbiz.de/10002756342
Germany. The new data set will regularly be updated when quarterly economic growth for Germany becomes available. We use the …
Persistent link: https://www.econbiz.de/10013549105
We investigate cyclical changes in workers' task portfolios, highlighting their direction, magnitude, and distribution. Task changes are not only very common but provide information about the skills required across jobs. During recessions, a larger share of employer switches do not involve task...
Persistent link: https://www.econbiz.de/10015193675
Is time-varying firm-level uncertainty a major cause or amplifier of the business cycle? This paper investigates this question in the context of a heterogeneous-firm RBC model with persistent firm-level productivity shocks and lumpy capital adjustment, where cyclical changes in uncertainty...
Persistent link: https://www.econbiz.de/10003898815
firm level analysis for which we exploit a unique microeconomic data set for Germany. Inspired by this finding, we … subsequent recession in Germany even though it was by far not the main driver. -- oil price shock ; VAR model ; micro data …
Persistent link: https://www.econbiz.de/10009010510
We review the labor market implications of recent real-business-cycle models that successfully replicate the empirical equity premium. We document the fact that all models considered in this survey with the exception of Boldrin, Christiano, and Fisher (2001) imply a negative correlation of...
Persistent link: https://www.econbiz.de/10009011127