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employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …
Persistent link: https://www.econbiz.de/10011413675
employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …
Persistent link: https://www.econbiz.de/10012012411
Persistent link: https://www.econbiz.de/10008747247
Following massive take-up rates during the COVID-19 period, short-time work (STW) policies have attracted renewed interest. In this paper, we take stock of this policy instrument and provide a critical review of STW systems in Europe. We focus on the objectives of STW programs and their primary...
Persistent link: https://www.econbiz.de/10014433060
Persistent link: https://www.econbiz.de/10010336251
-timers increase the outflow from unemployment to part-time work but reduce the outflow from part-time work to fulltime employment. We … the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part …-time unemployment provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part …
Persistent link: https://www.econbiz.de/10008860195
-timers increase the outflow from unemployment to part-time work but reduce the outflow from part-time work to fulltime employment. We … the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part …-time unemployment provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part …
Persistent link: https://www.econbiz.de/10009011356
Persistent link: https://www.econbiz.de/10011303722
and helps to preserve jobs in the context of a recession by making employment and unemployment less elastic with respect …, the net effect of STW on employment was negligible or may even have become negative. However, the gross impact of STW on …
Persistent link: https://www.econbiz.de/10009770782