Nach der Stabilisierung der Wirtschaft in der akuten Corona-Krise besteht die entscheidende Herausforderung darin, die sich abzeichnende Erholung nicht durch eine übereilte Konsolidierung zu schwächen und zugleich die sozial-ökologische Transformation beschleunigt so voranzutreiben, dass...

We analyse measures of internal flexibility taken to safeguard employment during the Coronavirus Crisis in comparison to the Great Recession. Cyclical working-time reductions are again a major factor in safeguarding employment. Whereas during the Great Recession all working-time instruments...

How do policy makers help jobseekers transition out of unemployment? As unemployment is costly for the individual and inefficient for society, this is a question of utmost importance. Today, many OECD countries rely on active labor market policies (ALMPs) in their efforts to easen jobseekers'...

How does enforcement of labor regulations shape the labor market effects of trade? Does the informal sector introduce greater de facto flexibility, reducing employment losses during bad times? To tackle these questions, we exploit local economic shocks generated by trade liberalization and...

Using data from the Current Population Surveys, we investigate the aggregate and distributional consequences of the Covid-19 pandemic and the associated public policy response on labor earnings and unemployment benefits in the United States up until February 2021. We find that year-on-year...