The Micro and Macro Economics of Short-Time Work

Pierre Cahuc

No 17111, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This article 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.

Keywords: short-time work; furlough; employment; working hours (search for similar items in EconPapers)
JEL-codes: J23 J41 J63 (search for similar items in EconPapers)
Pages: 57 pages
Date: 2024-07
New Economics Papers: this item is included in nep-eur, nep-his, nep-hpe, nep-lma and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published - published as 'Short-term work policies' in: C. Dustman, Lemieux, T. (eds.), Handbook of Labor Economics, Vol. 5, Elsevier, 2024

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https://docs.iza.org/dp17111.pdf (application/pdf)

Related works:
Working Paper: The Micro and Macro Economics of Short-Time Work (2024)
Working Paper: The Micro and Macro Economics of Short-Time Work (2024)
Working Paper: The Micro and Macro Economics of Short-Time Work (2024)
Working Paper: The Micro and Macro Economics of Short-Time Work (2024)
Working Paper: The Micro and Macro Economics of Short-Time Work (2024)
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