This says nothing, however, about the overall welfare effects or efficiency outcomes associated with
these schemes.
References
Abraham, K. G. and Houseman, S. N. (1994). Does employment protection inhibit labor market
flexibility? Lessons from Germany, France, and Belgium, in Blank, R. M. (ed.), Social Protection
Versus Economic Flexibility: Is There a Trade-off?, pages 59-93, Chicago: Chicago University Press.
Abraham, K. G. and Houseman, S. N. (2014). Short-time compensation as a tool to mitigate job loss?
Evidence on the U.S. experience during the recent recession. Industrial Relations: A Journal of
Economy and Society 53(4): 543-567.
Arpaia, A., Curci, N., Meyermans, E., Peschner, J. and Pierini, F. 2010. Short time working
arrangements as response to cyclical fluctuation. European Economy. Occasional Papers. June 2010.
Balleer, A., Gehrke, B., Lechthaler, W. and Merkl, C. (2016). Does short-time work save jobs? A
business cycle analysis. European Economic Review, 84:99-122.
Boeri, T. and Bruecker, H. (2011). Short-time work benefits revisited: Some lessons from the Great
Recession. Economic Policy, 26(68):697-765.
Brenke, K., Rinne, U. and Zimmermann, K. F. (2013). Short-time work: The German answer to the
Great Recession. International Labour Review, 152(2):287-305.
Burda, M. C. and Hunt, J. (2011). What explains the German labor market miracle in the Great
Recession? Brookings Papers on Economic Activity, 42(1): 273-336.
Burdett, K. and Wright, R. (1989). Unemployment insurance and short-time compensation: The
effects on layoffs, hours per worker, and wages. Journal of Political Economy, 97(6):1479-1496.
Cahuc, P. and S. Nevoux (2017). Inefficient short-time work. CEPR Discussion Paper DP12269,
September.
Cooper, R, M. Meyer and I. Schott (2017). The employment and output effects of shorttime work in
Germany. Mimeo¸ August.
Crimmann, A., Wießner, F. and Bellmann, L., (2010). The German work-sharing scheme: An
instrument for the crisis. ILO.
Dickens, W.T., Goette, L., Groshen, E.L., Holden, S., Messina, J., Schweitzer, M.E., Turunen, J. and
Ward, M.E. (2007). How wages change: Micro evidence from the International Wage Flexibility
Project. The Journal of Economic Perspectives, 21(2):195-214.
Efstathiou, K., Mathä, T.Y., Veiga, C. and Wintr, L. (2018). Short-time work in Luxembourg:
Evidence from a firm survey, Journal of Labour Market Research, forthcoming. DOI:
10.1186/s12651-018-0247-7.
Herzog-Stein, A., Lindner, F., and Sturn, S. (2013). Explaining the German employment miracle in
the Great Recession: The crucial role of temporary working time reductions. Technical report, IMK
Working Paper.
Hijzen, A. and Venn, D. (2011). The role of short-time work schemes during the 2008-09 recession.
OECD Social, Employment and Migration Working Papers 115. OECD Publishing.
ECB Working Paper Series No 2212 / December 2018