Year: 2011
Author: Hoffmann, Marina, Schneck, Stefan
Applied Economics Quarterly, Vol. 57 (2011), Iss. 4 : pp. 233–254
Abstract
The aim of this paper is twofold. First, we describe determinants for the use of short-time work during the economic recession 2008/2009. Second, post-crisis changes in turnover and employment are analyzed with focus on the use of short-time work. The analysis is restricted to firms in the manufacturing sector in Germany. We present evidence that small firms are less likely to utilize short-time work. With respect to the post-crisis economic development, multivariate analysis suggests that short-time work is significantly negatively correlated with employment growth even after accounting for changes in turnover. This might indicate a period of jobless growth after utilization of short-time work.
JEL Classification: J2, L60
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Journal Article Details
Publisher Name: Global Science Press
Language: English
DOI: https://doi.org/10.3790/aeq.57.4.233
Applied Economics Quarterly, Vol. 57 (2011), Iss. 4 : pp. 233–254
Published online: 2011-10
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 22
Author Details
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