Do public bank guarantees affect labor market outcomes? : evidence from individual employment and wages / Laura Baessler, Georg Gebhardt, Reint Gropp, Andre Guettler, Ahmet Taskin ; editor: Halle Institute for Economic Research (IWH) - Member of the Leibniz Association
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Discovery
1884134599
URN
urn:nbn:de:gbv:3:2-1054621
DOI
ISBN
ISSN
Beiträger
Körperschaft
Erschienen
Halle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, March 2024
Umfang
1 Online-Ressource (III, 43 Seiten, 0,95 MB) : Diagramme
Ausgabevermerk
Sprache
eng
Anmerkungen
Literaturverzeichnis: Seite 38-40
Inhaltliche Zusammenfassung
We investigate whether employees in Germany benefit from public bank guarantees in terms of employment probability and wages. To that end, we exploit the removal of public bank guarantees in Germany in 2001 as a quasi-natural experiment. Our results show that bank guarantees lead to higher employment, but lower wage prospects for employees after working in affected establishments. Overall the results suggest that employees do not benefit from bank guarantees.
Schriftenreihe
IWH-Diskussionspapiere ; 2024, no. 7 (March 2024) ppn:837399270