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Askitas, Nikos; Zimmermann, Klaus F. - 2011

The internet has become an important data source for the Social Sciences because these data are available without lags, can be regarded as involuntary surveys and hence have no observer effect, can be geo-labeled, are available for countries across the globe and can be viewed in continuous time...

Persistent link: https://www.econbiz.de/10010278433

The Active Role of the Natural Rate of Unemployment during Cyclical Recoveries

Hall, Robert E.; Kudlyak, Marianna - 2023

rate during the long recovery that began in 2009 and ended in 2020. We explain how the common finding of research in the …

Persistent link: https://www.econbiz.de/10014469353

The Inexorable Recoveries of Unemployment

Hall, Robert E.; Kudlyak, Marianna - 2022

Unemployment recoveries in the US have been inexorable. Between 1948 and 2019, the annual reduction in the unemployment rate during cyclical recoveries was fairly tightly distributed around 0.1 log points per year. The economy seems to have an irresistible force toward restoring full employment....

Persistent link: https://www.econbiz.de/10013177776

The Unemployed with Jobs and without Jobs

Hall, Robert E.; Kudlyak, Marianna - 2022

Potential workers are classified as unemployed if they seek work but are not working. The unemployed population contains two groups—those with jobs and those without jobs. Those with jobs are on furlough or temporary layoff. This group expanded tremendously in April 2020, at the trough of the...

Persistent link: https://www.econbiz.de/10013177777

Mortgage indebtedness and household financial distress

Georgarakos, Dimitris; Lojschova, Adriana; … - 2009

Using comparable survey data from twelve European countries we investigate households' attitudes towards mortgage … households have a mortgage outstanding relative to countries where a sizeable part of the population uses mortgage debt, like the … reference households, and crucially so in countries with less expanded mortgage markets. Thus it appears that households …

Persistent link: https://www.econbiz.de/10010269704

Detecting mortgage delinquencies

Askitas, Nikos; Zimmermann, Klaus F. - 2011

to detect ensuing mortgage delinquencies. Such searches locate documents which assist to write a successful loan …

Persistent link: https://www.econbiz.de/10010278657

Detecting Mortgage Delinquencies

Askitas, Nikos; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2011

Insights to detect ensuing mortgage delinquencies. Such searches locate documents which assist to write a successful loan …

Persistent link: https://www.econbiz.de/10009225764

Crises, what crises?

Campos, Nauro F.; Hsiao, Cheng; Nugent, Jeffrey B. - 2006

Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...

Persistent link: https://www.econbiz.de/10010267978

Automatic stabilizers and economic crisis: US vs. Europe

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009

This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...

Persistent link: https://www.econbiz.de/10010269611

Crisis, what crisis? Patterns of adaptation in European labor markets

Eichhorst, Werner; Feil, Michael; Marx, Paul - 2010

The current crisis, while of a global nature, has affected national labor markets to a varying extent. While some countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel with a significant decline in GDP. Our analysis shows...

Persistent link: https://www.econbiz.de/10010269943