scholarly journals Three essays on labor economics

2021 ◽  
Author(s):  
◽  
Tapas Paul
Keyword(s):  
Labor Market ◽  
Great Recession ◽  
Labor Market Participation ◽  
Program Participation ◽  
Journal Entry ◽  
Journal Publication ◽  
The Great Recession ◽  
Added Worker Effect ◽  
Nationally Representative ◽  
The Impact

This dissertation addresses labor market issues. The first two chapters deal with employment issues during the great recession using nationally representative data from the Survey of Income and Program Participation. The first chapter looks at the added worker effect in the great recession, the wife's labor market response to a husband loss of job. The second chapter investigates the impact of a wife's labor market participation on family poverty. The third chapter examines employment opportunities in the economics discipline using journal publication records from IDEAS/RePEc. It looks at the effect of new journal entry on the distribution of publicati

scholarly journals Temping fates in Spain: hours and employment in a dual labor market during the Great Recession and COVID-19

SERIEs ◽  
2021 ◽  
Author(s):  
Cristina Lafuente ◽  
Raül Santaeulàlia-Llopis ◽  
Ludo Visschers
Keyword(s):  
Labor Market ◽  
Great Recession ◽  
Dual Labor Market ◽  
Total Employment ◽  
Temporary Contracts ◽  
The Great Recession ◽  
Time Work ◽  
Short Time ◽  
Permanent Workers ◽  
The Impact

AbstractWe investigate the behavior of aggregate hours supplied by workers in permanent (open-ended) contracts and temporary contracts, distinguishing changes in employment (extensive margin) and hours per worker (intensive margin). We focus on the differences between the Great Recession and the start of the COVID-19 Recession. In the Great Recession, the loss in aggregate hours is largely accounted for by employment losses (hours per worker did not adjust) and initially mainly by workers in temporary contracts. In contrast, in the early stages of the COVID-19 Recession, approximately sixty percent of the drop in aggregate hours is accounted for by permanent workers that do not only adjust hours per worker (beyond average) but also face employment losses—accounting for one-third of the total employment losses in the economy. We argue that our comparison across recessions allows for a more general discussion on the impact of adjustment frictions in the dual labor market and the effects policy, in particular the short-time work policy (ERTE) in Spain.

The Great Recession and Physical Activity of Young Adults

2021 ◽  
pp. 155982762110084
Author(s):  
Shamma Adeeb Alam ◽  
Bijetri Bose
Keyword(s):  
Physical Activity ◽  
Young Adults ◽  
Physical Exercise ◽  
Great Recession ◽  
Fixed Effects ◽  
Negative Impact ◽  
Panel Study ◽  
The Great Recession ◽  
Nationally Representative ◽  
The Impact

Objective. Since physical inactivity has been identified as a pandemic and a public health priority, it is crucial to understand the role of adverse economic shocks on physical activity. In this study, we examine the impact of job losses during the U.S. Great Recession from January 2008 to June 2009 on the likelihood of physical activities of young adults. Methods. We use individual fixed effects estimation on a nationally representative longitudinal data from 2005 to 2015, the Panel Study of Income Dynamics (PSID), to examine the impact of job losses of young adults, their spouses, and their parents on physical exercise of young adults aged 18 to 27 years. Results. Own job losses during the Great Recession led to a decrease in the likelihood of physical exercise among young adults. However, job losses of parents and partners had no effect on the likelihood of young adults’ physical exercise. Conclusion. Our findings indicate a negative impact of the recession on physical activity of young adults and highlights the need for policymakers to consider the impact of major economic downturns on the physical activity of young adults.

Weathering the Storm: The Impact of Cutbacks on Public Employees

2018 ◽  
Vol 48 (1) ◽  
pp. 97-119 ◽  
Author(s):  
Jaclyn S. Piatak
Keyword(s):  
Great Recession ◽  
The United States ◽  
Federal State ◽  
The Great Recession ◽  
Mass Layoffs ◽  
Government Sector ◽  
Nationally Representative ◽  
State And Local ◽  
The Government ◽  
The Impact

The United States saw mass layoffs and unemployment during the Great Recession, where jobs have been slow to recover especially in the government sector. Research on cutback management became widespread in the late 1970s into the 1980s and several researchers have called for attention to be reignited to determine what lessons can be applied to the Great Recession and beyond. However, little attention is paid to the influence of cutbacks on employees. How do layoffs impact public personnel? Using nationally representative employment data, this study examines sector differences in job loss, advance notice, job mobility, and sector switching. In addition to distinctions across job sectors, differences within the government sector across federal, state, and local employees are explored. Findings raise several questions for research and practice regarding the ability to recover staff in a timely manner, the diversity of the organization, and the capacity to cope with future crises.

scholarly journals Crash and Wait? The Impact of the Great Recession on the Retirement Plans of Older Americans

2011 ◽  
Vol 101 (3) ◽  
pp. 40-44 ◽  
Author(s):  
Brooke Helppie McFall
Keyword(s):  
Labor Market ◽  
Great Recession ◽  
Retirement Age ◽  
Retirement Plans ◽  
Market Returns ◽  
Older Americans ◽  
Stock Market Returns ◽  
The Great Recession ◽  
Retirement Timing ◽  
The Impact

This study uses data from pre- and post-crash surveys from the Cognitive Economics study to examine the impact of recent stock and labor market wealth losses on the planned retirement ages of older Americans. Regression estimates imply that the average wealth loss between July 2008 and May/June 2009 is associated with an increase in planned retirement age of approximately 2.5 months. Furthermore, pessimism about future stock market returns is found to amplify the impact of wealth losses on retirement timing.

scholarly journals Rynek pracy województwa dolnośląskiego w okresie spowolnienia gospodarczego

2011 ◽  
Vol 18 ◽  
pp. 37-50
Author(s):  
Paweł Brezdeń ◽  
Waldemar Spallek
Keyword(s):  
Labor Market ◽  
Great Recession ◽  
Global Financial Crisis ◽  
The European Union ◽  
The Great Recession ◽  
Regional Labor Market ◽  
Regional Labor ◽  
Economic Slowdown ◽  
The Global Financial Crisis ◽  
The Impact

The article focuses on processes of the regional labor market during the economic slowdown that resulted from the global financial crisis in years 2007–2009, which is also called the Great Recession. The labor market’s situation is the result of the interaction of many complex processes. On the one hand, it is a derivative of the level of development and structure of the economy; on the other hand, the shape of the labor market is influenced by the changes associated with an ever-increasing integration of Poland with the European Union. In recent years, global economic processes, especially connected with the Great Recession, also play a significant role in shaping the situation of regional labor markets. The article presents the trends of development of the labor market in the region in years 2000–2009 in the field of economic activity and employment rates taking into consideration the selected demographic and economic categories of the population. The particular attention is devoted to the issues of development of unemployment and its typology. These elements of the labor market were presented in the local systems of the region with an indication of their spatial variation and intensity.On the basis of identified regularity of development of the studied phenomenon, the authors made an attempt to identify and evaluate the impact of the economic slowdown on the regional labor market at the local and regional level.

Great Recession impact on European labor markets integration: cluster analyses

2017 ◽  
Vol 38 (7) ◽  
pp. 1016-1035
Author(s):  
Helene Syed Zwick ◽  
Sarfaraz Ali Shah Syed
Keyword(s):  
European Union ◽  
Labor Market ◽  
Great Recession ◽  
The European Union ◽  
Integration Process ◽  
Multivariate Statistical Methods ◽  
Multivariate Statistical ◽  
Content Type ◽  
The Great Recession ◽  
The Impact

Purpose The purpose of this paper is to assess the impact of the Great Recession (2008-2014) on the labor market profiles and integration process in the European Union (EU26) and in the 12 historical Eurozone countries. Design/methodology/approach This study assesses the impact of the crisis, and applies multivariate statistical methods containing a principal component analysis and an agglomerative hierarchical clustering. Two non-overlapping sub-periods are established: a pre-crisis (1999-2007) period and a crisis (2008-2014) period, and eight European indicators are considered. Findings The results are threefold. First, they bring strong evidence of a significant impact of the crisis on the process of integration. Second, they interestingly reveal more heterogeneity in the aftermath of the crisis across the EU countries, while more homogeneity across the Eurozone countries. Third, this apparent homogenization is accompanied by a polarization process into two main groups of countries including Spain, Portugal, Finland and the Netherlands in one group while the rest of the Eurozone in the other. Originality/value This study is unique as it does not only present a snapshot of the challenges posed by the Great Recession to the European Union and Eurozone labor market profiles, but it also assesses its impact on their integration process. In addition, using the, suitable yet ignored, multivariate statistical methods on the latest data to study such an impact is another contribution of this paper.

scholarly journals The Impact of Economic Conditions on Participation in Disability Programs: Evidence from the Coal Boom and Bust

2002 ◽  
Vol 92 (1) ◽  
pp. 27-50 ◽  
Author(s):  
Dan Black ◽  
Kermit Daniel ◽  
Seth Sanders
Keyword(s):  
Labor Market ◽  
Disability Insurance ◽  
Economic Conditions ◽  
Labor Market Participation ◽  
Program Participation ◽  
Economic Shocks ◽  
Insurance Program ◽  
Boom And Bust ◽  
The Impact ◽  
The Relationship

We examine the impact of the coal boom of the 1970's and the coal bust of the 1980's on disability program participation. These shocks provide clear evidence that as the value of labor-market participation increases, disability program participation falls. For the Disability Insurance program, the elasticity of payments with respect to local earnings is between –0.3 and –0.4 and for Supplemental Security Income the elasticity is between –0.4 and –0.7. Consistent with a model where qualifying for disability programs is costly, the relationship between economic conditions and program participation is much stronger for permanent than for transitory economic shocks.

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