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Temporary agency work and the Great Recession

Daniel Baumgarten and Michael Kvasnicka

Munich Reprints in Economics from University of Munich, Department of Economics

Abstract: We investigate with German data how the use of temporary agency work has helped establishments to manage the economic and financial crisis in 2008/09. We examine the (regular) workforce development, use of short-time work, and business performance of establishments that made differential use of temporary agency work prior to the crisis. Overall, our results suggest that establishments with a greater use of temporary agency work coped better with the sharp decline in demand and made less frequent use of government-sponsored short-time work schemes.

Keywords: Labour demand; Employment adjustment; Economic crisis; Temporary agency work; Short-time work; Establishment data (search for similar items in EconPapers)
JEL-codes: E32 J23 L23 J68 (search for similar items in EconPapers)
Date: 2017-04
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Published in Journal of Economic Behavior & Organization 136(2017-04): pp. 29-44

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Related works:
Journal Article: Temporary agency work and the Great Recession (2017) Downloads
Working Paper: Temporary Agency Work and the Great Recession (2016) Downloads
Working Paper: Temporary Agency Work and the Great Recession (2016) Downloads
Working Paper: Temporary Agency Work and the Great Recession (2016) Downloads
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