Short-time work—Some long-run implications

Erik Grape and Ann-Sofie Kolm

Economics Letters, 2014, vol. 124, issue 1, 30-32

Abstract: This paper outlines a simple model to examine some long-run implications of short-time work schemes (STWs) on labor market performance and welfare. It is not clear that STWs reduce unemployment as the induced wage push discourages job creation.

Keywords: Unemployment; Labor market policy; Job creation; Job destruction (search for similar items in EconPapers)
JEL-codes: J08 J63 J64 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:124:y:2014:i:1:p:30-32

DOI: 10.1016/j.econlet.2014.04.015

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