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.
- Language
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Englisch
- Bibliographic citation
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Series: IWH Discussion Papers ; No. 7/2024
- Classification
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Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- Subject
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bank guarantees
credit
employment
public banks
wages
- Event
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Geistige Schöpfung
- (who)
-
Baessler, Laura
Gebhardt, Georg
Gropp, Reint
Güttler, André
Taskin, Ahmet
- Event
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Veröffentlichung
- (who)
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Halle Institute for Economic Research (IWH)
- (where)
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Halle (Saale)
- (when)
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2024
- URN
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urn:nbn:de:gbv:3:2-1054621
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Baessler, Laura
- Gebhardt, Georg
- Gropp, Reint
- Güttler, André
- Taskin, Ahmet
- Halle Institute for Economic Research (IWH)
Time of origin
- 2024