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This study investigates the incidence of overeducation among workers in the EU and its underlying factors based on the most recent wave of the European Labor Force Survey (EU-LFS 2013). Its main purpose is to shed light on the interplay of so far neglected explanatory factors such as household...
Persistent link: https://www.econbiz.de/10011452747
This study investigates the incidence of overeducation among workers in the EU and its underlying factors based on the most recent wave of the European Labor Force Survey (EU-LFS 2013). Its main purpose is to shed light on the interplay of so far neglected explanatory factors such as household...
Persistent link: https://www.econbiz.de/10011553984
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10011845664
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/10011916540
Since the so-called Hartz IV reforms around 2005 and during the global crisis of 2008/2009, the German labor market featured mainly declining unemployment rates. We develop a search and matching model with heterogeneous skills to explore the role of structural and cyclical policies for this...
Persistent link: https://www.econbiz.de/10009490829
The mild response of the German labor market to the worst global recession in post-war history appears as an economic miracle. In response to the crisis, Germany has shown to be a strong case of internal flexibility. We argue that important factors that have contributed to this development...
Persistent link: https://www.econbiz.de/10009524339
Using data from the SOEP, we analyze the wellbeing impact of underemployment through overeducation to examine a broader definition of employment loss. Persons leaving a job through exogenous reasons but entering directly into immediate employment may not find a perfect employment match and...
Persistent link: https://www.econbiz.de/10009763244
Arbeit zur tatsächlichen betrieblichen Inanspruchnahme von Kurzarbeit. Unsere Ergebnisse geben keinerlei Hinweise auf eine …Während der Wirtschaftskrise (2008-09) erlebte auch Deutschland einen starken Rückgang des Bruttoinlandsprodukts. Die … Instruments Kurzarbeit am sogenannten deutschen Arbeitsmarktwunder zu quantifizieren. Im Zuge dieser Literatur schätzen wir die …
Persistent link: https://www.econbiz.de/10010401763
In the Covid-19 crisis, most OECD countries use short-time work schemes (subsidized working time reductions) to preserve employment relationships. This paper studies whether short-time work can save jobs through stabilizing aggregate demand in recessions. We build a New Keynesian model with...
Persistent link: https://www.econbiz.de/10012517675
Kurzarbeit ermöglicht eine temporäre Reduktion der Arbeitszeit von Arbeitnehmern in Firmen, die einer schwachen … diesem Papier zeigen wir, dass sich die Effekte diskretionärer Kurzarbeit deutlich über den Konjunkturzyklus verändern und in … Rezession und Expansion nichtlinear sind. In tiefen Rezessionen kann Kurzarbeit bis zu 0,8 Arbeitsplätze pro Kurzarbeiter …
Persistent link: https://www.econbiz.de/10011718992