Showing posts with label Switzerland. Show all posts
Showing posts with label Switzerland. Show all posts

Friday, 15 November 2019

The economics of neutrality in World War II

a column by Eric Golson for VOX: CEPR’s Policy Portal

Neutrality has long been viewed as impartiality in war.

This column, part of the Vox debate on World War II, asserts that neutral states in the war were realist in approaching their defence to ensure their survival. Neutrals such as Portugal, Spain, Sweden, and Switzerland maintained independence by offering economic concessions to the belligerents to make up for their relative military weakness.

Economic concessions took the form of merchandise trade, services, labour, and capital flows. Depending on their position and the changing fortunes of war, neutral countries could also extract concessions from the belligerents, if their situation permitted.

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Monday, 20 May 2013

Is a Temporary Job Better Than Unemployment? A Cross-country Comparison Based on British, German, and Swiss Panel Data

SOEPpapers on Multidisciplinary Panel Data Research (number 543-2013) by Michael Gebel (University of Mannheim) published by SOEP

Abstract

While many previous studies on temporary work have found disadvantages for temporary workers as compared to workers with a permanent contract, this study compares temporary work to the alternative of unemployment. Specifically, this paper investigates the potential integrative power of taking up a temporary job for unemployed workers as compared to the counterfactual situation of remaining unemployed and searching for another job.

Applying a dynamic propensity-score matching approach based on British, (West and East) German, and Swiss panel data during the period of 1991–2009, it is shown that taking up a temporary job increases the employment chances during the subsequent five years in (West and East) Germany and the UK.

Moreover, the chances of having a permanent contract remain higher and a persistent wage premium can be found during the subsequent five years of the career. Advantages of taking up a temporary job are slightly stronger in West Germany compared to East Germany, where temporary contracts are often based on public job creation measures with limited integration potential.

Neither long-run advantages nor disadvantages of taking up a temporary job can be found in the case of the flexible Swiss labour market

JEL classification: C14, C41, J41, J60, J64

Full text (PDF 32pp)