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Crisis, what crisis? : patterns of adaptation in European labor markets

Eichhorst, Werner; Feil, Michael; Marx, Paul - In: The economy, crises, and the labor market : can …, (pp. 29-57). 2010

Persistent link: https://www.econbiz.de/10008697189

Automatic stabilizers and economic crisis : US vs. Europe

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2010 - This version: July 16, 2010

Persistent link: https://www.econbiz.de/10008908502

Social protection as an automatic stabilizer

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2010

This paper analyzes the effectiveness of social protection systems in Europe and the US to provide (income) insurance … income shock and 47% of an idiosyncratic unemployment shock in Europe, compared to 32% and 34% in the US. There is large … heterogeneity within Europe with stabilization being much lower in Eastern and Southern than in Central and Northern Europe. Our …

Persistent link: https://www.econbiz.de/10008841933

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...