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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

The weight of the crisis: Evidence from newborns in Argentina

Bozzoli, Carlos; Quintana-Domeque, Climent - 2010

Argentina hit headlines around the world in 2002 on account of the largest debt default in history and a sudden economic collapse that generated statistics reminiscent of those from the Great Depression. In this article we focus on other consequences of the crisis that are not so obvious but...

Persistent link: https://www.econbiz.de/10010278658

Labor demand during the crisis: What happened in Germany?

Bohachova, Olga; Boockmann, Bernhard; Buch, Claudia M. - 2011

In Germany, the employment response to the post-2007 crisis has been muted compared to other industrialized countries. Despite a large drop in output, employment has hardly changed. In this paper, we analyze the determinants of German firms' labor demand during the crisis using a firm-level...

Persistent link: https://www.econbiz.de/10010282281

Another economic miracle? The German labor market and the great recession

Rinne, Ulf; Zimmermann, Klaus F. - 2011

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/10010282628

Returning home at times of trouble? Return migration of EU enlargement migrants during the crisis

Zaiceva, Anzelika; Zimmermann, Klaus F. - 2012

The eastern enlargements of the EU in 2004 and 2007 have stimulated the mobility of workers from the new EU8 and EU2 countries. A significant proportion of these migrants stayed abroad only temporarily, and the Great recession may have triggered return intentions. However, a return may be...

Persistent link: https://www.econbiz.de/10010291457

Banks and innovation: microeconometric evidence on Italian firms

Benfratello, Luigi; Schiantarelli, Fabio; Sembenelli, … - 2006

set on innovation for a large number of Italian firms over the 1990's. There is evidence that banking development affects … the probability of process innovation, particularly for small firms and for firms in high(er) tech sectors and in sectors … more dependent upon external finance. The evidence for product innovation is weaker. There is also some evidence that …

Persistent link: https://www.econbiz.de/10010267494

Who is hit hardest during a financial crisis? The vulnerability of young men and women to unemployment in an economic downturn

Verick, Sher - 2009

The current financial and economic crisis has resulted in the worst global recession since World War II. The subsequent destruction of jobs and increased duration of joblessness will ensure that unemployment across the world will continue to rise and stay stubbornly high for some time to come,...

Persistent link: https://www.econbiz.de/10010269413

Health and Well-Being in the Crisis

Askitas, Nikos; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 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/10008926959

What is the value of entrepreneurship? A review of recent research

van Praag, C. Mirjam; Versloot, Peter H. - 2007

answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …

Persistent link: https://www.econbiz.de/10010277005