Hertweck, Matthias Sebastian; Brey, Björn - 2016
implementing new STW schemes - in the OECD during and after the Great Recession. First, we find that the dampening effect of STW on …This paper evaluates the effectiveness of short-time work [STW] extensions - e.g. relaxing eligibility criteria or … the unemployment rate diminishes at higher take-up rates. Second, only countries with preexisting STW schemes were able to …