| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23688 |
| 来源ID | Working Paper 23688 |
| The Employment and Output Effects of Short-Time Work in Germany | |
| Russell Cooper; Moritz Meyer; Immo Schott | |
| 发表日期 | 2017-08-21 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | We study the employment and output effects of the short-time work (STW) policy in Germany between 2009 and 2010. This intervention facilitated reductions in hours worked per employee with the goal of preventing layoffs. Using confidential German micro-level data we estimate a search model with heterogeneous multi-worker firms as a basis for policy analysis. Our findings suggest that STW can prevent increases in unemployment during a recession. However, the policy leads to a decrease in the allocative efficiency of the labor market, resulting in significant output losses. These effects arise from a reduction in the vacancy filling rate resulting from the policy intervention. |
| 主题 | Macroeconomics ; Consumption and Investment ; Business Cycles ; Fiscal Policy |
| URL | https://www.nber.org/papers/w23688 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581361 |
| 推荐引用方式 GB/T 7714 | Russell Cooper,Moritz Meyer,Immo Schott. The Employment and Output Effects of Short-Time Work in Germany. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w23688.pdf（944KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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