Arbeitspapier

Do public bank guarantees affect labor market outcomes? Evidence from individual employment and wages

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.

Sprache
Englisch

Erschienen in
Series: IWH Discussion Papers ; No. 7/2024

Klassifikation
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Thema
bank guarantees
credit
employment
public banks
wages

Ereignis
Geistige Schöpfung
(wer)
Baessler, Laura
Gebhardt, Georg
Gropp, Reint
Güttler, André
Taskin, Ahmet
Ereignis
Veröffentlichung
(wer)
Halle Institute for Economic Research (IWH)
(wo)
Halle (Saale)
(wann)
2024

URN
urn:nbn:de:gbv:3:2-1054621
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Baessler, Laura
  • Gebhardt, Georg
  • Gropp, Reint
  • Güttler, André
  • Taskin, Ahmet
  • Halle Institute for Economic Research (IWH)

Entstanden

  • 2024

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