2015
DOI: 10.1007/s10645-015-9266-8
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Unemployment: The Great Recession and Beyond

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Cited by 2 publications
(3 citation statements)
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“…Strikingly enough, this is overlooked by the related empirical research, especially since evidence from the Great Recession shows the potential connections existing between unemployment and employment protection. Evidence, for example, shows that the unemployment rate in Germany during the Great Recession was held at lower levels compared to the rest of European economies, but the overall performance of the German labor market was enhanced by (prior) reforms that aimed to stimulate job search, self-employment and deregulate the job market (Ter Weel 2015 ; Weber 2015 ; Pissarides 2013 ). In this sense, Germany’s prior reforms helped mitigate the adverse unemployment effects of the recession, while countries like Greece and Spain trying to implement fiscal and labor market reforms at the same time were caught in a phase characterized by both a sharp decline in aggregate demand and rigid labor institutions, eventually leading to more unemployment (Pissarides 2013 ).…”
Section: Theoretical Backgroundmentioning
confidence: 99%
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“…Strikingly enough, this is overlooked by the related empirical research, especially since evidence from the Great Recession shows the potential connections existing between unemployment and employment protection. Evidence, for example, shows that the unemployment rate in Germany during the Great Recession was held at lower levels compared to the rest of European economies, but the overall performance of the German labor market was enhanced by (prior) reforms that aimed to stimulate job search, self-employment and deregulate the job market (Ter Weel 2015 ; Weber 2015 ; Pissarides 2013 ). In this sense, Germany’s prior reforms helped mitigate the adverse unemployment effects of the recession, while countries like Greece and Spain trying to implement fiscal and labor market reforms at the same time were caught in a phase characterized by both a sharp decline in aggregate demand and rigid labor institutions, eventually leading to more unemployment (Pissarides 2013 ).…”
Section: Theoretical Backgroundmentioning
confidence: 99%
“…Different countries encountered different challenges in boosting business and economic activity, in addition to lowering unemployment. As already noted, the adverse effects of the crisis hit differently in countries that were implementing labor market reforms during the crisis and alongside other fiscal reforms, and differently in countries with an already more flexible labor legislation and better aggregate conditions (see Ter Weel 2015 ; Weber 2015 ; Pissarides 2013 ).…”
Section: Empirical Strategymentioning
confidence: 99%
“…Antara faktor utama yang menyumbang kepada pengangguran ialah ketidakseimbangan ekonomi yang dapat dikaitkan dengan kemelesetan ekonomi. TerWeel (2015) telah mengkaji corak pengangguran yang disebabkan oleh The Great Recession (2008Recession ( -2009 dengan menggunakan panel unjuran OECD. Kajian beliau memperlihatkan bahawa pekerja yang telah bekerja selama lebih satu tahun mempunyai tempoh pengangguran yang lebih lama.…”
Section: Sorotan Karyaunclassified