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
Main Author: Gehrke, Britta
Hochmuth, Brigitte
Format: Publication
Language: English
Place of publication: Bonn: Institute of Labor Economics (IZA) 01.01.2017
Data of publication: 2017-01-01
Dewey Decimal Classification: 330
Discipline: Economics
Subjects:
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
OpenAIRE
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