• Media type: E-Book
  • Title: Do public bank guarantees affect labor market outcomes? : evidence from individual employment and wages
  • Contributor: Baessler, Laura [Author]; Gebhardt, Georg [Author]; Gropp, Reint [Author]; Güttler, André [Author]; Taskin, Ahmet [Author]
  • Corporation: Leibniz-Institut für Wirtschaftsforschung Halle
  • Published: Halle (Saale), Germany: Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, March 2024
  • Published in: Leibniz-Institut für Wirtschaftsforschung Halle: IWH-Diskussionspapiere ; 2024,7
  • Extent: 1 Online-Ressource (III, 43 Seiten, 0,95 MB); Diagramme
  • Language: English
  • Identifier:
  • Keywords: bank guarantees ; credit ; employment ; public banks ; wages ; Graue Literatur
  • Origination:
  • Footnote: Literaturverzeichnis: Seite 38-40
  • Description: 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.
  • Access State: Open Access