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The German Labor Market after the Great Recession: Successful Reforms and Future Challenges
unemployment labor force participation labor supply benefit systems public policy
2012/10/22
The reaction of the German labor market to the Great Recession 2008/09 was relatively mild – especially compared to other countries. The reason lies not only in the specific type of the recession – wh...
Good Skills in Bad Times: Cyclical Skill Mismatch and the Long-Term Effects of Graduating in a Recession
mismatch business cycle graduation
2012/10/22
We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career ...
Another Economic Miracle? The German Labor Market and the Great Recession
economic crisis Germany short-time work unemployment labor market institutions internal flexibility
2012/10/18
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 inter...
Giving Up Job Search During a Recession: The Impact of the Global Financial Crisis on the South African Labour Market
global financial crisis unemployment discouraged workers South Africa
2012/10/22
The global financial crisis deeply impacted the South African labour market resulting in the shedding of almost 1 million jobs over 2009 and 2010. Reflecting longer term structural problems, this empl...
The Impact of the Macroeconomy on Health Insurance Coverage: Evidence from the Great Recession
health insurance Medicaid SCHIP recession unemployment
2012/10/19
This paper investigates the impact of the macroeconomy on the health insurance coverage of Americans using panel data from the Survey of Income and Program Participation (SIPP) for 2004-2010, a period...
Short-Time Work: The German Answer to the Great Recession
labor market policy partially unemployed workers short-time work compensa tion economic crisis
2012/10/26
Short-time work was the "German answer" to the economic crisis. The number of short-time workers strongly increased in the recession and peaked at more than 1.5 million. Without the extensive use of s...
What Explains the German Labor Market Miracle in the Great Recession?
unemployment Germany Great Recession short time work working time accounts Hartz reforms extensive vs. intensive employment margin
2012/10/26
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers' reticence to hire in the preceding expansion, associated in part w...
Job Loss in the Great Recession: Historical Perspective from the Displaced Workers Survey, 1984-2010
displacement job loss unemployment
2012/10/30
The Great Recession from December 2007 to June 2009 is associated with a dramatic weakening of the labor market from which the labor market is now only slowly recovering. The unemployment rate remains...
A Flexicurity Labour Market in the Great Recession: The Case of Denmark
flexicurity employment protection unemployment insurance active labour market policy
2012/10/30
Flexicurity labour markets are characterised by flexible hiring/firing rules, generous social safety net, and active labour market policies. How can such labour markets cope with the consequences of t...
Entrepreneurship, Economic Conditions, and the Great Recession
entrepreneurship great recession unemployment self-employment
2012/10/30
The "Great Recession" resulted in many business closings and foreclosures, but what effect did it have on business formation? On the one hand, recessions decrease potential business income and wealth,...
This article reviews the effects of the Great Recession on youth labour markets. We argue that young people aged 16-24 have suffered disproportionately during the recession. Using the USA and UK as ca...
How Did the Great Recession Affect Different Types of Workers? Evidence from 17 Middle-Income Countries
labor markets emerging economies economic shocks
2012/10/30
This paper examines how different types of workers in 17 middle-income countries were affected by labor market retrenchment during the great recession. Impacts on different types of workers varied by ...
Short-Time Work Benefits Revisited: Some Lessons from the Great Recession
intensive margin short-time
2012/10/31
The Great Recession triggered a resurgence of short-time work (STW) throughout the OECD. Several countries introduced from scratch STW or significantly expanded the scope of the programmes already in ...
The impact of the 2007?9 recession on workers with disabilities
impact recession workers with disabilities
2010/11/29
The impact of the 2007?9 recession on workers with disabilities.
Job openings, hires, and separations fall during the recession
Job openings hires separations fall recession
2010/11/29
JOLTS data indicate record-low levels of job openings, hires, and separations in 2009, as well as a record-high number of layoffs and discharges.