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This paper analyzes the impact of job creation schemes (JCSs) on job search outcomes in the context of the turbulent East German labor market in the aftermath of the German reunification. High job destruction characterized the economic environment. JCSs were heavily used in order to cushion this...
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This paper analyzes the impact of participation in job creation schemes (JCSs) on job search outcomes in the context of the turbulent East German labor market in the aftermath of the German reunification. High job destruction characterized the economic environment. JCSs were heavily used in...
Persistent link: https://www.econbiz.de/10011697379
Short Time Compensation [STC] was a key program in Germany to fight the crisis. However, STC is quite an old tool: in … macroeconomic shock. After a brief look into the institutional and quantitative development of STC in Germany, this paper tries to … Kurzarbeit - dass diese den Strukturwandel und notwendige Marktbereinigungen in Abschwüngen verschleppe - anhand …
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