Are deep recessions followed by strong recoveries?
نویسندگان
چکیده
منابع مشابه
Poverty trends during two recessions and two recoveries: lessons from Sweden 1991–2013
We study cross-sectional and long-term poverty in Sweden over a period spanning two recessions, and discuss changes in the policy context. We find large increases in absolute poverty and deprivation during the 1990’s recession but much smaller increases in 2008-2010. While increases in non-employment contributed to increasing poverty in the 1990’s, the temporary poverty increase 2008-2010 was e...
متن کاملAre recessions good for workplace safety?
Empirical evidence shows that in recessions the rate of workplace accidents goes down. This paper presents a theory and an empirical investigation to explain this phenomenon. The theory is based on the idea that reporting an accident affects the reputation of a worker and raises the probability that he is fired. If the unemployment rate is high, a worker faces a big loss when fired and fewer wo...
متن کاملRecessions are bad for workplace safety.
Workplace accidents are an important economic phenomenon. Yet, the pro-cyclical fluctuations in workplace accidents are not well understood. They could be related to fluctuations in effort and working hours, but workplace accidents may also be affected by reporting behavior. Our paper uses unique data on workplace accidents from an Austrian matched worker-firm dataset to study in detail how eco...
متن کاملAre Recessions Good for Young People
We construct a stochastic overlapping generations model in which households of di¤erent ages are subject to aggregate shocks that a¤ect both wages and asset prices. We use a realistically calibrated version of the model to assess the distributional consequences of severe recessions. More speci cally, within the context of this model we ask whether young people can be better o¤ if they become ec...
متن کاملWhy are recessions good for your health?
A series of influential papers by Christopher J. Ruhm (2000, 2003, 2005, 2008) documents that recessions are “good for your health”—or, more specifically, that state-level mortality rates are strongly procyclical. The magnitude of the correlation is economically meaningful: a typical estimate from the literature suggests that a 1 percentage point increase in a state’s unemployment rate is assoc...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Economics Letters
سال: 1992
ISSN: 0165-1765
DOI: 10.1016/0165-1765(92)90288-a