Abstract

http://ssrn.com/abstract=2065694
 
 

References (24)



 
 

Footnotes (24)



 


 



Was Short-Time Work a Miracle Cure During the Great Recession? The Case of Germany and Italy


Fabio R. Aricò


affiliation not provided to SSRN

Ulrike Stein


IMK (Macroeconomic Policy Institute) in the Hans-Boeckler-Foundation

June 2012

Comparative Economic Studies, Vol. 54, Issue 2, pp. 275-297, 2012

Abstract:     
This paper considers the use of short-time work (STW) schemes as a device to mitigate the negative effects of the current global recession on employment levels. STW schemes have been regarded as a popular and successful counter-cyclical policy to maintain workers in employment. However, by comparing and contrasting the experience of Germany and Italy, we argue that the effectiveness of STW schemes should only be evaluated in relation to (i) the institutional set-up within which they operate, and (ii) the whole set of labour market policies adopted by each country.

Number of Pages in PDF File: 23

Accepted Paper Series





Date posted: May 24, 2012  

Suggested Citation

Aricò, Fabio R. and Stein, Ulrike, Was Short-Time Work a Miracle Cure During the Great Recession? The Case of Germany and Italy (June 2012). Comparative Economic Studies, Vol. 54, Issue 2, pp. 275-297, 2012. Available at SSRN: http://ssrn.com/abstract=2065694 or http://dx.doi.org/10.1057/ces.2012.10

Contact Information

Fabio R. Aricò (Contact Author)
affiliation not provided to SSRN
No Address Available
Ulrike Stein
IMK (Macroeconomic Policy Institute) in the Hans-Boeckler-Foundation ( email )
Hans-Boeckler-Str. 39
Duesseldorf, 40476
Germany
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References:  24
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