Kopp, Daniel; Siegenthaler, Michael - 2017 - This version: June 2019
,500 workers into unemployment (0.46% of the labor force) until 2012. Most workers would have been dismissed in the quarters …-time work (STW) program reduced unemployment in the 2009-2015 period using quarterly establishment-level panel data linking … prevents rather than postpones dismissals: the 7,880 establishments treated in 2009 would have dismissed approximately 20 …