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Titel
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
VerfasserBaessler, Laura ; Gebhardt, Georg ; Gropp, Reint ; Güttler, André ; Taskin, Ahmet
KörperschaftLeibniz-Institut für Wirtschaftsforschung Halle
ErschienenHalle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, March 2024
Umfang1 Online-Ressource (III, 43 Seiten, 0,95 MB) : Diagramme
Anmerkung
Literaturverzeichnis: Seite 38-40
SpracheEnglisch
SerieIWH-Diskussionspapiere ; 2024, no. 7 (March 2024)
URNurn:nbn:de:gbv:3:2-1054621 
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Do public bank guarantees affect labor market outcomes? [0.95 mb]
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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.