Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/51638 
Year of Publication: 
2011
Series/Report no.: 
IZA Discussion Papers No. 5780
Publisher: 
Institute for the Study of Labor (IZA), Bonn
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: 
Document Type: 
Working Paper

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