Who Loses in the Downturn?

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B01=Andreas Peichl
B01=Herwig Immervoll
B01=Konstantinos Tatsiramos
B09=Konstantinos Tatsiramos
B09=Solomon W. Polachek
Category1=Non-Fiction
Category=KCD
Category=KCF
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economic
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Language_English
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Price_€100 and above
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SN=Research in Labor Economics
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Product details

  • ISBN 9780857247490
  • Weight: 567g
  • Dimensions: 156 x 234mm
  • Publication Date: 15 Apr 2011
  • Publisher: Emerald Publishing Limited
  • Publication City/Country: GB
  • Product Form: Hardback
  • Language: English
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Economic events such as the recent global economic crisis can have substantial effects on the distribution of resources at the individual and household levels. Identification of appropriate and timely policy responses that support vulnerable groups is hampered by how little is known about the likely patterns of losses early on during the downturn. This volume contains fresh knowledge on the effects of the economic downturn on employment and income distribution. It contains 9 original research papers from both Europe and the US, including illustrations of forward-looking simulation methods that can be used before detailed data on actual household experiences become available. These papers offer new insights into issues such as how wages, employment and incomes are affected by the crisis, which demographic groups are most vulnerable in the recession, how well the welfare system protects the newly unemployed and how consumption and income poverty change over the business cycle.