Short-time work compensation schemes and employment

Artikel

Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay off these staff, the schemes help to maintain permanent employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market access for freelancers and those looking to work part-time.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2019 ; Bonn: Institute of Labor Economics (IZA)

Classification and Topics

• Classification: Wirtschaft ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Time Allocation and Labor Supply ; Unemployment Insurance; Severance Pay; Plant Closings
• Subject: working time ; unemployment insurance ; labor hoarding ; short-time work ; unemployment ; employment

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Cahuc, Pierre
• Event: Veröffentlichung
• (who): Institute of Labor Economics (IZA)
• (where): Bonn
• (when): 2019

Further information

• DOI: doi:10.15185/izawol.11.v2
• Handle: http://hdl.handle.net/10419/206574
• Last update: 10.03.2025, 11:44 AM CET