Subsidizing Labour Hoarding in Recessions: The Employment and Welfare Effects of Short-time Work
Abstract Short-time work (STW) policies provide subsidies for hour reductions to workers in firms experiencing temporary shocks. They are the main policy tool used to support labour hoarding during downturns and were aggressively used during the coronavirus disease 2019 (COVID-19) pandemic. Yet, ver...
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| Veröffentlicht in: | The Review of economic studies 2023-07, Vol.90 (4), p.1963-2005 |
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| Hauptverfasser: | , |
| Format: | Artikel |
| Sprache: | eng |
| Online-Zugang: | Volltext |
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