Brenke, Karl; Rinne, Ulf; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2011
the German labor market to the crisis, but this is likely due to the country-specific context. Although the crisis has …Short-time work was the "German answer" to the economic crisis. The number of short-time workers strongly increased in … the recession and peaked at more than 1.5 million. Without the extensive use of short-time work, unemployment would have …