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Short-Time Work: The German Answer to the Great Recession
labor market policy partially unemployed workers short-time work compensa tion economic crisis
2012/10/26
Short-time work was the "German answer" to the economic crisis. The number of short-time workers strongly increased in the recession and peaked at more than 1.5 million. Without the extensive use of s...
Short-Time Work Benefits Revisited: Some Lessons from the Great Recession
intensive margin short-time
2012/10/31
The Great Recession triggered a resurgence of short-time work (STW) throughout the OECD. Several countries introduced from scratch STW or significantly expanded the scope of the programmes already in ...
Is Short-Time Work a Good Method to Keep Unemployment Down?
short-time work unemployment employment
2012/11/2
Short-time work compensation aims at reducing lay-offs by allowing employers to temporarily reduce hours worked while compensating workers for the induced loss of income. These programs are now widesp...