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dc.contributor.authorKaya, Orcun-
dc.date.accessioned2021-02-18T07:14:48Z-
dc.date.available2021-02-18T07:14:48Z-
dc.date.issued2020-07-
dc.identifier.urihttps://www.suerf.org/suer-policy-brief/15165/financial-resilience-of-german-households-to-corona-triggered-income-shockde_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/21730-
dc.description.abstractThe outbreak, which brought daily life to a standstill, was a financial storm for households across the globe. In Germany, many employees went to short-time work, while others suffered from unemployment during the pandemic lockdown. Thanks to relatively cautious private consumption compared to household income during regular times, German households are financially resilient to income shocks by and large. Besides, high saving rates and generous unemployment and short-time work benefits help many Germans to overcome income shock triggered by the first corona shutdown. That said, single parents in Germany are particularly vulnerable and will be able to cover their expenses like in regular times up to four months at most if they face short-time work or unemployment.de_CH
dc.language.isoende_CH
dc.publisherSUERF : The European Money and Finance Forumde_CH
dc.relation.ispartofSUERF Policy Briefsde_CH
dc.rightsLicence according to publishing contractde_CH
dc.subjectHousehold financede_CH
dc.subjectConsumption-savingde_CH
dc.subjectCorona cirsisde_CH
dc.subject.ddc332: Finanzwirtschaftde_CH
dc.titleFinancial resilience of German households to Corona triggered income shockde_CH
dc.typeBeitrag in Magazin oder Zeitungde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitInstitut für Financial Management (IFI)de_CH
zhaw.funding.euNode_CH
zhaw.issue17de_CH
zhaw.originated.zhawYesde_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.author.additionalNode_CH
zhaw.display.portraitYesde_CH
Appears in collections:Publikationen School of Management and Law

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