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  1. Design and take up of Austria's Coronavirus short time work model
    Autor*in: Tamesberger, Dennis; Theurl, Simon
    Erschienen: [2021]
    Verlag:  Institute for Comprehensive Analysis of the Economy, Johannes Kepler University Linz, Linz

    Short-time work was frequently used in the EU during the COVID-19 pandemic to minimize crisis-related layoffs. This paper focuses on the short-time work (STW) scheme in Austria by exploring the characteristic features of the Austrian Coronavirus STW... mehr

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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 589
    Fernleihe:
    keine Fernleihe

     

    Short-time work was frequently used in the EU during the COVID-19 pandemic to minimize crisis-related layoffs. This paper focuses on the short-time work (STW) scheme in Austria by exploring the characteristic features of the Austrian Coronavirus STW model and examining how it was utilized. We first give a historical overview of how STW developed in Austria before focusing specifically on the country's STW scheme - one of the most generous among the EU27 - during the course of the coronavirus pandemic. By analyzing relevant data, we identified three key periods in which STW was reformed and slightly modified. We also aim to show how STW take-up rates differ according to gender and sector. Moreover, we consider STW payments alongside sectors and are able to identify those sectors that see a greater benefit from STW. We conclude that the pandemic offered learning effects, thus allowing STW to be used more efficiently in the future by employers in times of crisis.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/236620
    Schriftenreihe: ICAE working paper series ; no. 127 (July 2021)
    Schlagworte: COVID-19 crisis; unemployment; short-time work (STW); labor hoarding; ALMPs
    Umfang: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  2. Deep dynamics
    Autor*in: Gottfries, Nils; Mickelsson, Glenn; Stadin, Karolina
    Erschienen: February 2021
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    How do firms adjust their output, inventories, employment and capital in response to demandsideshocks? To understand this, we estimate a reduced-form model using firm-level panel dataand we construct a theoretical model that can match the estimated... mehr

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    Verlag (kostenfrei)
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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 63
    Fernleihe:
    keine Fernleihe

     

    How do firms adjust their output, inventories, employment and capital in response to demandsideshocks? To understand this, we estimate a reduced-form model using firm-level panel dataand we construct a theoretical model that can match the estimated impulse-response functions.A combination of convex adjustment costs and implementation lags explains input adjustmentvery well. Although inputs adjust slowly, production responds quickly to the demand shock andthis adjustment is explained by a combination of increasing returns and increased utilization ofthe production factors. To avoid stock-outs, firms increase their inventories when demandincreases.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/232470
    Schriftenreihe: CESifo working paper ; no. 8873 (2021)
    Schlagworte: production function; productivity; Solow residual; labor hoarding; effort; organizational capital; capacity; returns to scale; markup; inventory investment
    Umfang: 1 Online-Ressource (circa 73 Seiten), Illustrationen
  3. Theory and empirics of short-time work
    a review
    Autor*in: Bermudez, Natalia; Dejemeppe, Muriel; Tarullo, Giulia
    Erschienen: [2023]
    Verlag:  Global Labor Organization (GLO), Essen

    Following massive take-up rates during the COVID-19 period, short-time work (STW) policies have attracted renewed interest. In this paper, we take stock of this policy instrument and provide a critical review of STW systems in Europe. We focus on the... mehr

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    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 565
    Fernleihe:
    keine Fernleihe

     

    Following massive take-up rates during the COVID-19 period, short-time work (STW) policies have attracted renewed interest. In this paper, we take stock of this policy instrument and provide a critical review of STW systems in Europe. We focus on the objectives of STW programs and their primary characteristics, as well as the inefficiencies associated with these policies, such as excessive use and slower worker reallocation. Additionally, we take a stroll through the main contributions of STW impact evaluations. Finally, we identify relevant directions for the refinement of the main design features of the scheme, key lessons, and avenues for future research.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/279649
    Schriftenreihe: GLO discussion paper ; no. 1348
    Schlagworte: Short-time work; labor hoarding; employment; firm survival; unemployment insurance
    Umfang: 1 Online-Ressource (circa 38 Seiten)
  4. Employment adjustment and financial constraints
    evidence from firm-level data
    Autor*in: Bäurle, Gregor; Lein, Sarah; Steiner, Elizabeth
    Erschienen: December 19, 2017
    Verlag:  Swiss National Bank, Zurich

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Fernleihe:
    keine Fernleihe
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: SNB working papers ; 2017, 18
    Schlagworte: Financial constraints; employment; labor hoarding
    Umfang: 1 Online-Ressource (circa 54 Seiten), Illustrationen