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Children in the Aftermath of the Great Recession

Andersen, Carsten; Houmark, Mikkel Aagaard; Nielsen, … - 2022

In this paper we study effects of mass layoffs on parents and their children in the aftermath of the Great Recession using staggered difference-in-differences (DiD). We exploit quasi-experimental variation in announcements of mass layoffs in Danish firms in 2008-2019. We document that parents...

Persistent link: https://www.econbiz.de/10014081592

The German Labor Market During the Great Recession : Shocks and Institutions

Gehrke, Britta - 2018

This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...

Persistent link: https://www.econbiz.de/10012909849

Income Tax Policy in Europe between Two Crises : From the Great Recession to the COVID-19 Pandemic

Myck, Michał; Trzciński, Kajetan - 2022

We examine the revenue and redistributive effects of tax policy reforms in twelve European countries over the decade between the financial crisis and the outbreak of the COVID-19 pandemic, setting them against the implications of a hypothetical system reflecting the extent of fiscal drag...

Persistent link: https://www.econbiz.de/10014030811

Automatic Stabilizers, Economic Crisis and Income Distribution in Europe

Dolls, Mathias - 2010

This paper investigates to what extent the tax and transfer systems in Europe protect households at different income levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi country micro simulation model to analyse how shocks on...

Persistent link: https://www.econbiz.de/10013143688

China's Emergence in the World Economy and Business Cycles in Latin America

Pesaran, M. Hashem - 2011

The international business cycle is very important for Latin America's economic performance as the recent global crisis vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the world have altered the transmission mechanism of...

Persistent link: https://www.econbiz.de/10013121741

Sweden's Pensioners : How They Have Fared in the Roller Coaster Ride Through the Past Decade and a Half of Deep Recession and Economic Exuberance

Gustafsson, Björn; Johansson, Mats; Palmer, Edward E. - 2021

This study analyses the development of the economic well-being of the elderly in Sweden since 1990 - a period characterized by increased influence from the financial market and extreme economic events - using data from the Household Income Survey. The elderly were not isolated as pensions were...

Persistent link: https://www.econbiz.de/10013324866

Heterogeneous Effects of Credit Constraints on Smes' Employment : Evidence from the Great Recession

Cornille, David - 2018

This paper takes advantage of access to detailed matched bank-firm data to investigate whether and how employment decisions of SMEs have been affected by credit constraints in the wake of the Great Recession. Variability in banks' financial health following the 2008 crisis is used as an...

Persistent link: https://www.econbiz.de/10012929109

The Recovery from the Great Recession : A Long, Evolving Expansion

Shambaugh, Jay C.; Strain, Michael R. - 2021

, the economy contracted by more than it had since the Great Depression. A slow and steady recovery followed the Great … reduce slack in labor markets. But because the slow-and-steady recovery lasted so long, many pre-recession peaks were … (including recession and recovery) beginning in December 2007 was one of the better periods of real wage growth in many decades …

Persistent link: https://www.econbiz.de/10013251540

Impact of the Great Recession on Industry Unemployment : A 1976-2011 Comparison

Takhtamanova, Yelena F. - 2016

recovery. Previous studies have examined the demographic aspect of the recession. We focus on specific industries. Consequently …

Persistent link: https://www.econbiz.de/10012979453

The Spanish Productivity Puzzle in the Great Recession

Hospido, Laura - 2015

While Spain had traditionally under-performed its European counterparts in terms of labor productivity, the trend is reversed after 2007. The evolution of aggregate productivity in Spain during the Great Recession largely responds to the adverse conditions in the labor market, but not only....

Persistent link: https://www.econbiz.de/10013026414