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This paper reconsiders the labor market consequences of structural change over the past 43 years. Taking two different ways of defining manufacturing and service employment as point of departure - according to the industry classification of firms or establishments and according to the occupation...
Persistent link: https://www.econbiz.de/10012651531
This paper studies the long-term consequences on firms and workers of the credit crunch triggered by the 2007-2008 global financial crisis. Relying on a unique matched bank-employer-employee administrative dataset, we construct a firm-specific credit supply shock and examine firms’ and...
Persistent link: https://www.econbiz.de/10014440036
We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of …
Persistent link: https://www.econbiz.de/10012624854
, unemployment, and economic inactivity between 1996 and 2011. In our analyses, we distinguish between fixedterm employment, solo …
Persistent link: https://www.econbiz.de/10010208432
unemployment, most research has focused on analyzing the effect of unemployment insurance (UI) policies on reemployment outcomes … benefit duration (PBD) within the German UI system, we find that longer PBD leads to longer actual unemployment duration for … for those individuals becoming re-employed. With increasing unemployment benefit duration, the founders’ outcomes in terms …
Persistent link: https://www.econbiz.de/10012241969
, coverage of social security does not provide enough support in coping with unemployment shocks. Instead, we find that mothers …
Persistent link: https://www.econbiz.de/10013399852
months of the pandemic when a strict lockdown was in place. Differences in unemployment rates across local labour markets …
Persistent link: https://www.econbiz.de/10013336420
Business creation is economically important, and unemployment precedes the creation of a substantial share of new firms …. Yet, most research has focused on analyzing the effects of unemployment insurance policies on re-employment outcomes …, ignoring self-employment. In this paper, we analyze how the potential duration of unemployment benefits, a fundamental design …
Persistent link: https://www.econbiz.de/10015048442
I calculate unemployment multipliers of fiscal consolidation policies in a standard, closed-economy New Keynesian … percentage of family firms in the labor force. I find that fiscal austerity raises unemployment. Both at peak and cumulatively …, unemployment reacts least when the budget is consolidated by increasing the rate of value-added tax. At peak, the highest increase …
Persistent link: https://www.econbiz.de/10010516542
We document that the added worker effect (AWE) has increased over the last three decades. We develop a search model with two earner households and we illustrate that the increase in the AWE from the 1980s to the 2000s can be explained through i) the narrowing of the gender pay gap, ii) changes...
Persistent link: https://www.econbiz.de/10011456513