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The Job Retention Scheme in Slovakia: Impact on Dismissals and Firm Survival in the COVID-19 Pandemic 斯洛伐克的就业保留计划:对COVID-19大流行期间解雇和企业生存的影响
4区 经济学
Eastern European Economics Pub Date : 2023-09-29 DOI: 10.1080/00128775.2023.2254744
Matěj Bělín, Marcela Veselkova
{"title":"The Job Retention Scheme in Slovakia: Impact on Dismissals and Firm Survival in the COVID-19 Pandemic","authors":"Matěj Bělín, Marcela Veselkova","doi":"10.1080/00128775.2023.2254744","DOIUrl":"https://doi.org/10.1080/00128775.2023.2254744","url":null,"abstract":"ABSTRACTThis paper evaluates the impact of the Slovak job retention scheme introduced in 2020 on dismissals and survival of small firms during the COVID-19 pandemic. We exploit exogenous variation in epidemic intensity, measured as new COVID-19 cases within a district per month. We show that the sensitivity of dismissals to the intensifying epidemic among unsupported firms was low, i.e. these firms were relatively unaffected by the shock. In contrast, participation in the job retention scheme reduced the sensitivity of firm dismissals to the intensification of the epidemic, preserving endangered jobs. Supported firms benefited by roughly the same amount, regardless of their management quality.KEYWORDS: Employmentfirm failurejob retention schemeJEL CLASSIFICATION: G33 Bankruptcy • LiquidationH12 Crisis ManagementJ08 Labor Economics PoliciesJ63 Turnover • Vacancies • Layoffs Disclosure statementNo potential conflict of interest was reported by the author(s).Additional informationNotes on contributorsMatěj BělínMatěj Bělín is a PhD Candidate at The Center for Economic Research and Graduate Education – Economics Institute (CERGE-EI), joint workplace of the Charles University and Academy of Sciences of the Czech Republic. He works as an analyst at the Social Policy Institute, Ministry of Labour, Social Affairs and Family of the Slovak Republic.Marcela VeselkovaMarcela Veselkova is the head of the Department of Sectoral Strategies and Concepts, Social Policy Institute, Ministry of Labour, Social Affairs and Family of the Slovak Republic. She holds a PhD in Political Science from the Central European University.","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":"55 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135199283","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Macro Stress Testing the Credit Risk of Conventional and Participation Banks in Turkey: A Nonparametric Quantile Regression Approach 土耳其传统银行和参与型银行信贷风险的宏观压力测试:非参数分位数回归方法
IF 1.1 4区 经济学
Eastern European Economics Pub Date : 2023-09-07 DOI: 10.1080/00128775.2023.2253226
Resul Aydemir, Zehra Atik, B. Guloglu
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引用次数: 0
Euro Switch and Shadow Economies 欧元转换与影子经济
IF 1.1 4区 经济学
Eastern European Economics Pub Date : 2023-09-06 DOI: 10.1080/00128775.2023.2253218
Alexi Thompson
{"title":"Euro Switch and Shadow Economies","authors":"Alexi Thompson","doi":"10.1080/00128775.2023.2253218","DOIUrl":"https://doi.org/10.1080/00128775.2023.2253218","url":null,"abstract":"","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45969428","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Corruption and Total Factor Productivity in the Long-Run: Evidence from Post-WW2 Turkey 腐败与长期全要素生产率:来自二战后土耳其的证据
4区 经济学
Eastern European Economics Pub Date : 2023-09-05 DOI: 10.1080/00128775.2023.2253217
Ozgur Teoman, Oguzhan Dincer, Tarkan Cavusoglu
{"title":"Corruption and Total Factor Productivity in the Long-Run: Evidence from Post-WW2 Turkey","authors":"Ozgur Teoman, Oguzhan Dincer, Tarkan Cavusoglu","doi":"10.1080/00128775.2023.2253217","DOIUrl":"https://doi.org/10.1080/00128775.2023.2253217","url":null,"abstract":"In this study, we investigate the relationship between corruption and total factor productivity (TFP) in Turkey. Our study contributes to the literature in several ways in terms of data, empirical specification, and method. First, we use a new and novel index of corruption for Turkey between the years 1950 and 2014. Second, we estimate the long-run cointegrating relationship between corruption and TFP in Turkey. Finally, we not only investigate how corruption affects TFP, but also if this effect is conditional on government size. We find that corruption decreases TFP in the long-run and its adverse effects on TFP increases with government size.","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":"61 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135254854","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Mergers & Acquisition Decisions in the Energy Sector Based on Financial Transparency and Audit Opinions 基于财务透明度和审计意见的能源行业并购决策
IF 1.1 4区 经济学
Eastern European Economics Pub Date : 2023-06-29 DOI: 10.1080/00128775.2023.2225484
I. Robu, George Aevoae, D. Mardiros, I. Herghiligiu
{"title":"Mergers & Acquisition Decisions in the Energy Sector Based on Financial Transparency and Audit Opinions","authors":"I. Robu, George Aevoae, D. Mardiros, I. Herghiligiu","doi":"10.1080/00128775.2023.2225484","DOIUrl":"https://doi.org/10.1080/00128775.2023.2225484","url":null,"abstract":"","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46239963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Migration Intentions of University Staff in North Macedonia: A Potential Brain Drain? 北马其顿大学工作人员的移民意向:潜在的人才流失?
IF 1.1 4区 经济学
Eastern European Economics Pub Date : 2023-06-20 DOI: 10.1080/00128775.2023.2225494
Merita Zulfiu Alili, Russell King, Memet Memeti
{"title":"The Migration Intentions of University Staff in North Macedonia: A Potential Brain Drain?","authors":"Merita Zulfiu Alili, Russell King, Memet Memeti","doi":"10.1080/00128775.2023.2225494","DOIUrl":"https://doi.org/10.1080/00128775.2023.2225494","url":null,"abstract":"","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42265265","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
COVID-19 Pandemic and Enterprise Financial Performance: Aggregate, Regional, and Sectoral Evidence from Poland 新冠肺炎疫情与企业财务绩效：来自波兰的汇总、区域和部门证据
IF 1.1 4区 经济学
Eastern European Economics Pub Date : 2023-06-20 DOI: 10.1080/00128775.2023.2226657
P. Gajewski, Ali M. Kutan
{"title":"COVID-19 Pandemic and Enterprise Financial Performance: Aggregate, Regional, and Sectoral Evidence from Poland","authors":"P. Gajewski, Ali M. Kutan","doi":"10.1080/00128775.2023.2226657","DOIUrl":"https://doi.org/10.1080/00128775.2023.2226657","url":null,"abstract":"ABSTRACT This paper investigates how the COVID-19 pandemic and resulting government support affected the financial performance of Polish firms at the aggregate, regional, and sectoral levels. The results of our dynamic econometric model showed that firm performance at the aggregate level declined in 2020Q1 but recovered in 2021Q1. The pandemic negatively affected western firms but not eastern ones. Manufacturing and transport & logistics firms suffered temporarily in early 2020 but recovered in 2021Q1. Construction and trade & repair firms remained resilient. Overall, the pandemic and government support affected the sectors and regions differently, with varied policy implications.","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":"61 1","pages":"491 - 516"},"PeriodicalIF":1.1,"publicationDate":"2023-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45763141","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Value Relevance of Financial Performance and ESG Scores During Tumultuous Economic Periods 经济动荡时期财务绩效与ESG得分的价值相关性
IF 1.1 4区 经济学
Eastern European Economics Pub Date : 2023-06-18 DOI: 10.1080/00128775.2023.2225500
D. Sahlian, A. Popa, V. Banţa, C. Răpan, Silviu Cornel Virgil Chiriac
{"title":"The Value Relevance of Financial Performance and ESG Scores During Tumultuous Economic Periods","authors":"D. Sahlian, A. Popa, V. Banţa, C. Răpan, Silviu Cornel Virgil Chiriac","doi":"10.1080/00128775.2023.2225500","DOIUrl":"https://doi.org/10.1080/00128775.2023.2225500","url":null,"abstract":"","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42600636","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Can Structural Indicators of Trade Explain Why EU Candidate Countries Are Integrating Slowly? 贸易结构指标能解释为什么欧盟候选国正在缓慢一体化吗？
IF 1.1 4区 经济学
Eastern European Economics Pub Date : 2023-06-16 DOI: 10.1080/00128775.2023.2219243
G. Nikolić, I. Nikolić
{"title":"Can Structural Indicators of Trade Explain Why EU Candidate Countries Are Integrating Slowly?","authors":"G. Nikolić, I. Nikolić","doi":"10.1080/00128775.2023.2219243","DOIUrl":"https://doi.org/10.1080/00128775.2023.2219243","url":null,"abstract":"","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46930787","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Hypothetical Tax-Benefit Reforms in Hungary: Shifting from Tax Relief to Cash Transfers for Family Support 匈牙利假想的税收优惠改革：从税收减免转向家庭支持的现金转移
IF 1.1 4区 经济学
Eastern European Economics Pub Date : 2023-06-13 DOI: 10.1080/00128775.2023.2221231
A. A. García, Michael Christl
{"title":"Hypothetical Tax-Benefit Reforms in Hungary: Shifting from Tax Relief to Cash Transfers for Family Support","authors":"A. A. García, Michael Christl","doi":"10.1080/00128775.2023.2221231","DOIUrl":"https://doi.org/10.1080/00128775.2023.2221231","url":null,"abstract":"ABSTRACT This paper evaluates two hypothetical budget-neutral reforms that shift resources from family tax expenditures to family cash transfers. We evaluate these reforms using a structural labor supply model based on the microsimulation EUROMOD model and EU-SILC data. We find that both reforms have an inequality-decreasing impact. However, when looking at labor supply responses for different household types, we show that the reforms have a non-negligible impact, especially for females in couple households. Additionally, we show that females in the middle of the income distribution in particular reduce labor supply in response to the reforms.","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":"61 1","pages":"723 - 746"},"PeriodicalIF":1.1,"publicationDate":"2023-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44572523","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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