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Explaining the German employment miracle in the great recession : the crucial role of temporary working time reductions

Sturn, Simon; Herzog-Stein, Alexander; Lindner, Fabian - 2013

This paper investigates the reasons for the exceptionally robust performance of the German labour market during the Great Recession. While GDP dropped by more than five per cent in 2009, employment remained constant and started to increase soon after. We compare this recession to other major...

Persistent link: https://www.econbiz.de/10009756548

Does short-time work save jobs? : a business cycle analysis ; conference paper

Balleer, Almut; Gehrke, Britta; Lechthaler, Wolfgang; … - 2013

This paper analyzes the effects of short-time work (i.e., government subsidized working time reductions) on unemployment and output fluctuations. The central question is whether short-time work saves jobs in recessions. In our baseline scenario the rule based component of short-time work (i.e.,...

Persistent link: https://www.econbiz.de/10010344643

Later one knows better : the over-reporting of short-time work in firm surveys

Kagerl, Christian; Schierholz, Malte; Fitzenberger, Bernd - In: Journal for labour market research 56 (2022) 1, pp. 1-19

Short-time work (STW) in Germany allows for a lot of flexibility in actual usage. Ex ante, firms notify the Employment Agency about the total number of employees eligible, and, up to the total granted, firms can flexibly choose how many employees actually use STW. In firm-level surveys, which...

Persistent link: https://www.econbiz.de/10013272278

The effectiveness of job-retention schemes : COVID-19 evidence from the German states

Aiyar, Shekhar; Dao, Mai - 2021

Persistent link: https://www.econbiz.de/10013170607

The long-run effects of short-time compensation

Kato, Takao; Kodama, Naomi - 2021

Persistent link: https://www.econbiz.de/10012695809

Optimal short-time work : screening for jobs at risk

Teichgräber, Julian; Žužek, Simon; Hensel, Jannik - 2022

Short-time work - a wage subsidy conditional on hour reductions - has become an important tool of labor market policy in many European countries. As the scope of these policies expanded, concerns about side effects due to adverse selection increased. We develop a model of job retention policies...

Persistent link: https://www.econbiz.de/10012815443

Counteracting unemployment in crises : non-linear effects of short-time work policy

Gehrke, Britta; Hochmuth, Brigitte - 2017

Kurzarbeit ermöglicht eine temporäre Reduktion der Arbeitszeit von Arbeitnehmern in Firmen, die einer schwachen … diesem Papier zeigen wir, dass sich die Effekte diskretionärer Kurzarbeit deutlich über den Konjunkturzyklus verändern und in … Rezession und Expansion nichtlinear sind. In tiefen Rezessionen kann Kurzarbeit bis zu 0,8 Arbeitsplätze pro Kurzarbeiter …

Persistent link: https://www.econbiz.de/10011718992

Short-time work in the Great Recession : firm-level evidence from 20 EU countries

Lydon, Reamonn; Mathä, Thomas; Millard, Stephen Patrick - In: IZA journal of labor policy 8 (2019) 2, pp. 1-29

Using firm-level data from a large-scale European survey among 20 countries, we analyse the determinants of firms using short-time work (STW). We show that firms are more likely to use STW in case of negative demand shocks. We show that STW schemes are more likely to be used by firms with high...

Persistent link: https://www.econbiz.de/10012033052

Short-time work in Luxembourg : evidence from a firm survey

Efstathiou, Konstantinos; Mathä, Thomas; Veiga, Cindy; … - In: Journal for labour market research 52 (2018) 14, pp. 1-20

We analyse the use of short-time work (STW) by Luxembourg firms during the years of economic and financial crisis (2008–2009) and the subsequent European sovereign debt crisis (2010–2013). The economic and financial crisis saw a surge in the number of firms using short-time work. We find...

Persistent link: https://www.econbiz.de/10012147256

The consequences of short-time compensation : evidence from Japan

Kato, Takao; Kodama, Naomi - 2019

Persistent link: https://www.econbiz.de/10012134684

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