Balleer A, Gehrke B, Hochmuth B, Merkl C (2019)
Publication Type: Journal article
Publication year: 2019
Book Volume: 68
Pages Range: 252-260
Journal Issue: 3
This article argues that short-time work stabilized employment in Germany substantially during the Great Recession in 2008/09. The labor market instrument acted in timely manner, as it was used in a rule-based fashion. In addition, discretionary extensions were effective due to their interaction with the business cycle. To ensure that short-time work will be effective in the future, this article proposes an automatic facilitation of the access to short-time work in severe recessions. This reduces the likelihood of a too extensive use at the wrong point in time as well as structural instead of cyclical interventions.
APA:
Balleer, A., Gehrke, B., Hochmuth, B., & Merkl, C. (2019). Autonomes Fahren statt Stop and Go: Vorschläge zur effektiven Gestaltung der deutschen Kurzarbeit. Perspektiven der Wirtschaftspolitik, 68(3), 252-260. https://doi.org/10.1515/zfwp-2019-2022
MLA:
Balleer, Almut, et al. "Autonomes Fahren statt Stop and Go: Vorschläge zur effektiven Gestaltung der deutschen Kurzarbeit." Perspektiven der Wirtschaftspolitik 68.3 (2019): 252-260.
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