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COVID-19: How much unemployment was caused by the shutdown in Germany?

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Abstract

"This paper evaluates the short-term labour market impact of the COVID-19 containment measures in Germany. By assessing the treatment effect on unemployment via difference-in-difference estimation, we find that 60% of the considerably increased inflows from employment into unemployment in April 2020 were due to the shutdown measures. Disentangling further, we find that the hiring margin accounted for additional 82% of the unemployment effect coming from the separations margin. In sum, the shutdown measures increased unemployment in the short run by 117,000 persons." (Author's abstract, IAB-Doku) ((en))

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Bibliografische Daten

Bauer, Anja; Weber, Enzo (2020): COVID-19: How much unemployment was caused by the shutdown in Germany? In: Applied Economics Letters, online first, S. 1-6.
 

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