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The extension of short-time work schemes during the great recession : a story of success?
Brey, Björn; Hertweck, Matthias S. - In: Macroeconomic dynamics 24 (2020) 2, pp. 360-402
Persistent link: https://www.econbiz.de/10012193898
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Transitions in the German labor market : structure and crisis
Krause, Michael; Uhlig, Harald - 2011
featured mainly declining unemployment rates. We develop a search and matching model with heterogeneous skills to explore the … role of structural and cyclical policies for this performance. Calibrating unemployment benefits to approximate legislation … before and after the reforms, we find a large reduction in unemployment and its duration, with the transition concluding …
Persistent link: https://www.econbiz.de/10009490829
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Transitions in the German labor market : structure and crisis
Krause, Michael; Uhlig, Harald - In: Journal of monetary economics 59 (2012) 1, pp. 64-79
Persistent link: https://www.econbiz.de/10009622376
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The effectiveness of job-retention schemes : COVID-19 evidence from the German states
Aiyar, Shekhar; Dao, Mai - 2021
Persistent link: https://www.econbiz.de/10013170607
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Temporary layoffs, short-time work and COVID-19 : the case of a dual labour market
Osuna, Victoria; García Peréz, José Ignacio - In: Applied economic analysis : AEA 30 (2022) 90, pp. 248-262
Persistent link: https://www.econbiz.de/10013438573
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Short-time work compensations and employment : temporary government schemes can have a positive economic effect
Cahuc, Pierre - 2014
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10011413675
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Short-time work compensation schemes and employment : temporary government schemes can have a positive economic effect
Cahuc, Pierre - 2019
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10012012411
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When short-time work works
Cahuc, Pierre; Kramarz, Francis; Nevoux, Sandra - 2018
Short-time work programs were revived by the Great Recession. To understand their operating mechanisms, we first provide a model showing that short-time work may save jobs in firms hit by strong negative revenue shocks, but not in less severely-hit firms, where hours worked are reduced, without...
Persistent link: https://www.econbiz.de/10011881536
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Short-time work and unemployment in and after the Great Recession
Kopp, Daniel; Siegenthaler, Michael - 2017 - This version: June 2019
Can governmental policies mitigate the effects of recessions on unemployment? We study whether the Swiss short …-time work (STW) program reduced unemployment in the 2009-2015 period using quarterly establishment-level panel data linking … several administrative data sources. We compare changes in permanent layoffs into unemployment, hiring from unemployment …
Persistent link: https://www.econbiz.de/10012061314
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Germany and the United States in coronavirus distress : internal versus external labour market flexibility
Herzog-Stein, Alexander; Nüß, Patrick; Peede, Lennert; … - In: Journal for labour market research 56 (2022) 1, pp. 1-22
mainly driven via STW. US unemployment rose at an unprecedented rate, but unlike in previous recessions, it was mostly driven …
Persistent link: https://www.econbiz.de/10013368682