Artikel

Short-time work compensations and employment

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.

Language
Englisch

Bibliographic citation
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2014 ; Bonn: Institute for the Study of Labor (IZA)

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

Event
Geistige Schöpfung
(who)
Cahuc, Pierre
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2014

DOI
doi:10.15185/izawol.11
Handle
Last update
20.09.2024, 8:21 AM CEST

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Cahuc, Pierre
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2014

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