Will, Henner - 2011 - This version: November 2011 (first draft: September 2010)
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 …