Data for: Does short-time work save jobs? A business cycle analysis
| Main Author: | Balleer, Almut |
|---|---|
| Format: | Dataset |
| Terbitan: |
Mendeley
, 2016
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| Subjects: | |
| Online Access: |
https:/data.mendeley.com/datasets/g76rzwmppk |
Daftar Isi:
- Abstract of associated article: In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important distinction to be made: while the rule-based component of short-time work is a cost-efficient job saver, the discretionary component is completely ineffective. In a case study for Germany, we use the rich data available to combine micro- and macroeconomic evidence with macroeconomic modeling in order to identify, quantify and interpret these two components of short-time work.