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 to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and non-linear o...

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Bibliographic details
Volume: 11472
Main Author: Gehrke, Britta
Hochmuth, Brigitte
Format: Paper
Language: English
Place of publication: Bonn Institute of Labor Economics (IZA) 2018
published in: IZA Discussion Papers Vol. 11472
Data of publication: 2018
Subjects:
Online Access: Fulltext
Database: EconStor
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