2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …

of other employment policies. …

2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …

wages are flexible or when the minimum wage is low, but a dramatic positive impact on unemployment when there is a high …We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that … wages are renegotiated by mutual agreement only is introduced in a matching model with endogenous job destruction – la …

has statistically significant effects on the survival, employment, and sales of small low-performing firms. However, we …

of short-time work since its emergence in Germany in the 1930s. It analyzes its effectiveness as a job preservation …

The systematic use of experience rating is an original feature of the U.S. unemployment benefit system. In most states …, unemployment benefits are financed by taxing firms in proportion to their separations. Experience rating is a way to require … employers to contribute to the payment of unemployment benefits they create through their firing decisions. It is striking that …

the fragility of low-seniority jobs implies that layoff costs reduce the average job duration and increase unemployment …

employment nor welfare effect because they can be offset by private transfers from the worker to the employer. In this paper … high severance payments are likely to decrease unemployment but systematically decrease welfare and raise inequality …