doi:10.2139/ssrn.3690746local labor marketsbusiness cyclesfirm concentrationOver eight million jobs were lost in the Great Recession, creating widespread economic hardship. This paper documents a novel and robust empirical regularity, tSocial Science Electronic Publishing...
Our data reveal that large enterprises actually suffered greatly during the crisis: the average firm in the sample experienced a 23% decline in employment from 1928, the year before the onset of the crisis, to 1933, when unemployment peaked. The profitability of large firms also collapsed over ...
The article states, “The Great Recession has left many recent college graduates struggling to find a job that utilizes their education” (Abel, Dietz, Su 2014). The Great Recession was a period of time when the economy had a decline between the late 2000s and early 2010s. With that ...
While macro-level association between high unemployment and fertility decline is commonly observed, theoretical considerations and empirical evidence on the association between individual unemployment and fertility choices remain ambiguous. The dominant micro-economic model suggests that as unemployment reduces ...
vacancies is behind the increased rates of unemployment. Although mismatch increased during the recession, it retreated at the same rate. The patterns observed are consistent with unemployment being caused by cyclic phenomena that are more pronounced during the current recession than in prior recessions...
economy the great American job machine. But while... SN Houseman - 《Labour》 被引量: 57发表: 1995年 Explaining the Gap between New Home Sales and Inventories. Investigates the reasons for the decline in new home inventories relative to sales in the United States. Relationship between ...
One development makes these decisions urgent. As people reduce the years they work in most of Europe, populations in all European countries are aging. The European Union’s labor force is expected to decline by about 39 million by 2060. If the Balkans, Turkey, the Russian Federation, Ukraine...
rate was in a huge secular increase from the mid-1960’s until the end of the 20th century. Yes, it would flatten out and decline slightly during recessions, but it would always return to a higher high, and the low during the next recession was always much higher than the previous low...
The Spanish economy was the most hit by the Great Recession. It suffered a greater decrease in the gross domestic product (GDP) (affecting especially internal demand). However, it suffered a greater increase in exports (the so-called Spanish “miracle”)
The credit crunch and fall in employment during the Great Recession We study how a bank credit crunch—a dramatic worsening of firm and consumer access to bank credit, such as the one observed over the Great Recession—tran... S Haltenhof,SJ Lee,V Stebunovs - 《Journal of Economic Dynamic...