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Title:Short-time work: The German answer to the Great Recession PDF Logo
Authors:Brenke, Karl
Rinne, Ulf
Zimmermann, Klaus F.
Issue Date:2011
Series/Report no.:Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5780
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.
Subjects:labor market policy
partially unemployed workers
short-time work compensation
economic crisis
JEL:J65
J68
Persistent Identifier of the first edition:urn:nbn:de:101:1-20110621407
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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