Showing 1 - 8 of 8
The present economic crisis comes against the background of decades of policy changesthat have generally weakened the capacity of social safety nets to offer citizens withadequate resources for financial survival when labour markets fail to do so. Building on datafor 24 European Union countries,...
Persistent link: https://www.econbiz.de/10009486970
The mild response of the German labor market to the worst global recession in post-warhistory appears as an economic miracle. In response to the crisis, Germany has shown to bea strong case of internal flexibility. We argue that important factors that have contributed tothis development include...
Persistent link: https://www.econbiz.de/10009486981
The Great Recession did not only affect European countries to a varying extent, its impact onnational labour markets and on specific socio-economic groups in those markets also variedgreatly. Institutional arrangements such as employment protection, unemployment insurancebenefits and minimum...
Persistent link: https://www.econbiz.de/10009522203
In Germany, the employment response to the post-2007 crisis has been muted compared toother industrialized countries. Despite a large drop in output, employment has hardlychanged. In this paper, we analyze the determinants of German firms’ labor demand duringthe crisis using a firm-level panel...
Persistent link: https://www.econbiz.de/10009522204
While results are starting to emerge, not much is known yet about the dynamics of the labormarkets of the former Eastern economies, especially in the context of the current FinancialCrisis. Arguably, this is mainly due to paucity of (panel) data. By examining labor markettransitions, earnings...
Persistent link: https://www.econbiz.de/10009522192
By allowing for imperfectly informed markets and the role of private information, we offer newinsights about observed deviations of portfolio concentrations in domestic relative to foreignrisky assets, or “home bias”, from what standard finance models predict. Our model ascribesthe...
Persistent link: https://www.econbiz.de/10009522205
As China exhibited unprecedented rapid economic growth ever since its reform andopenness, the development and sources of labor productivity has gradually come to theforefront. This paper studies the development and the source of labor productivity in 31Chinese provinces during the period of...
Persistent link: https://www.econbiz.de/10009486971
autoregressive nature of innovation. Using a large longitudinal datasetcomprising Spanish manufacturing firms over the period 1990 … the case of the YICs, suggesting that their innovation behaviour is less persistentand more erratic. Moreover, our results … suggest that firm and market characteristics play adistinct role in boosting the innovation activity of firms of different age …
Persistent link: https://www.econbiz.de/10009522193