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The Employment and Output Effects of Short-Time Work in Germany

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NBER2017-08-01 更新2025-01-04 收录
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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

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2017-08-01
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