Arbeitspapier
Short-time Work Subsidies in a Matching Model
We consider positive and normative aspects of subsidizing work arrangements where subsidies are paid in time of low demand and reduced working hours so as to stabilize workers’ income. In a matching framework such an arrangement increases labor demand. Tightening eligibility to short-time work benefits tends to reduce the wage while the impact on unemployment remains ambiguous. We develop a modified Hosios condition characterizing an efficient combination of labor market tightness and short-time benefit loss rate.
- Sprache
-
Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 7281
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
Labor Contracts
Labor Turnover; Vacancies; Layoffs
Unemployment: Models, Duration, Incidence, and Job Search
- Thema
-
short-time work
unemployment insurance
employment subsidies
- Ereignis
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Geistige Schöpfung
- (wer)
-
Meier, Volker
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Meier, Volker
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2018