Counteracting unemployment in crises: Non-linear effects of short-time work policy

Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty in order to prevent layoffs and stabilize employment. Many OECD countries have used this policy in the Great Recession, for example. This paper shows that the effects of discretionary...

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Bibliographic details
Volume: 27/2017
Main Author: Gehrke, Britta
Hochmuth, Brigitte
Format: Paper
Language: English
Place of publication: Nürnberg Institut für Arbeitsmarkt- und Berufsforschung (IAB) 2017
published in: IAB-Discussion Paper Vol. 27/2017
Data of publication: 2017
Online Access: Fulltext
Database: EconStor
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