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Temporary Agency Work and the Great Recession

Daniel Baumgarten and Michael Kvasnicka

No 160003, FEMM Working Papers from Otto-von-Guericke University Magdeburg, Faculty of Economics and Management

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)
New Economics Papers: this item is included in nep-eur, nep-pr~ and nep-mac
Date: 2016-03
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http://www.fww.ovgu.de/fww_media/femm/femm_2016/2016_03.pdf First version, 2011 (application/pdf)

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