Rinne, Ulf; Zimmermann, Klaus F. - In: IZA Journal of Labor Policy 1 (2012), pp. 1-21
Germany's labor market responded only mildly to the Great Recession. Important factors for this development include the … strong economic position due to recent labor market reforms, the crisis affecting mainly export-oriented companies, the … stabilizers. We emphasize the important interaction between short-time work and long-term shortages of skilled workers in sectors …