The Micro and Macro Economics of Short-Time Work

Pierre Cahuc ()
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Pierre Cahuc: ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique, CEPR - Center for Economic Policy Research, IZA - Forschungsinstitut zur Zukunft der Arbeit - Institute of Labor Economics

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Abstract: This chapter provides an overview of the economic literature on short-time work. It presents the main characteristics of short-time work since its emergence in Germany in the 1930s. It analyzes its effectiveness as a job preservation mechanism, drawing on theoretical models and empirical studies. It concludes by highlighting the areas that future research could explore to address the most significant gaps in our understanding of short-time work.

Date: 2024-12-04
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Published in Christian Dustmann; Thomas Lemieux. Handbook of Labor Economics, 5, Elsevier, pp.385-433, 2024, Handbook of Labor Economics, ⟨10.1016/bs.heslab.2024.11.011⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:spmain:hal-05446679

DOI: 10.1016/bs.heslab.2024.11.011

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