Herzog-Stein, Alexander; Lindner, Fabian; Sturn, Simon; … - 2010
working time in the downturn, and labour-hoarding by employers. Cyclical working time reduction saved some 1.1 million jobs …Despite the biggest economic slump in Germany since the Second World War, employment did not decrease. In other … European countries, which have even been hit less hard, employment started to decrease significantly. This 'employment miracle …