@techreport{Brenke2011Short,
abstract = {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 short-time work, unemployment would have risen by approximately twice as much as it actually did. Short-time work has certainly contributed to the mild response of the German labor market to the crisis, but this is likely due to the country-specific context. Although the crisis has been overcome and employment is strongly expanding, modified regulations governing short-time work are still in place. This leads to undesired side effects.},
address = {Bonn},
author = {Karl Brenke and Ulf Rinne and Klaus F. Zimmermann},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {J65; J68; 330; labor market policy; partially unemployed workers; short-time work compensation; economic crisis},
language = {eng},
note = {urn:nbn:de:101:1-20110621407},
number = {5780},
publisher = {IZA},
title = {Short-time work: The German answer to the Great Recession},
type = {Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit},
url = {http://hdl.handle.net/10419/51638},
year = {2011}
}
