We examine the response of a large panel of German establishments to the crisis in terms of their job flows (changes in employment) and consequent worker flows (hires, separations and layoffs). We analyse the extent to which job flows and worker flows at the establishment level are...

We provide the first systematic evidence on the effectiveness of a contested policy in Germany to help displaced workers. So-called “transfer companies” (Transfergesellschaften) employ displaced workers for a fixed period, during which time workers are provided with job-search assistance and...

We provide new evidence on the effects of economic shocks on political support, voting behaviour and political opinions over the last 25 years. We exploit a sudden, large and long-lasting shock in the form of job loss and trace out its impact on individual political outcomes for up to 10 years...