Short-time work—Some long-run implications

This paper outlines a simple model to examine some long-run implications of short-time work schemes (STWs) on labor market performance and welfare. It is not clear that STWs reduce unemployment as the induced wage push discourages job creation.

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Year of publication:	2014
Authors:	Grape, Erik ; Kolm, Ann-Sofie
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 124.2014, 1, p. 30-32
Publisher:	Elsevier
Subject:	Unemployment \| Labor market policy \| Job creation \| Job destruction

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Type of publication:	Article
Classification:	J08 - Labor Economics Policies ; J63 - Turnover; Vacancies; Layoffs ; J64 - Unemployment: Models, Duration, Incidence, and Job Search
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011041878