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dc.contributor.author
Kopp, Daniel
dc.contributor.author
Siegenthaler, Michael
dc.contributor.editor
KOF Swiss Economic Institute
dc.date.accessioned
2018-01-04T08:29:02Z
dc.date.available
2018-01-04T07:56:57Z
dc.date.available
2018-01-04T08:29:02Z
dc.date.issued
2017
dc.identifier.uri
http://hdl.handle.net/20.500.11850/225318
dc.identifier.doi
10.3929/ethz-b-000225318
dc.description.abstract
We study whether the Swiss short-time work (STW) scheme reduced layoffs during and in the aftermath of the Great Recession. While previous firm-level studies compare firms that used and did not use STW, we focus on firms that applied for STW at cantonal employment agencies, responsible for approving STW in Switzerland. Based on a quarterly establishment-level panel dataset linking administrative datasources, we compare the evolution of layoffs, hiring, and employment before and after application for STW between establishments that applied successfully and those that did not, exploiting the substantial differences in approval practices across cantons. In contrast to most previous studies, we find strong evidence that STW prevents rather than postpones layoffs of workers, especially in the quarters immediately following the application. These effects are concentrated among low- and middle-qualified workers. The estimates suggest that the savings in Terms of unemployment benefit payments may be large enough to fully compensate the spending on STW benefits in the Swiss case.
en_US
dc.format
PDF
en_US
dc.language.iso
en
en_US
dc.publisher
Staatssekretariat für Wirtschaft SECO
en_US
dc.rights.uri
http://rightsstatements.org/page/InC-NC/1.0/
dc.subject
Short-time work
en_US
dc.subject
Unemployment
en_US
dc.subject
Great Recession
en_US
dc.subject
Labor demand
en_US
dc.subject
Layoffs
en_US
dc.title
Does Short-Time Work Prevent Unemployment?
en_US
dc.type
Report
dc.rights.license
In Copyright - Non-Commercial Use Permitted
ethz.journal.title
Arbeitsmarktpolitik
ethz.journal.volume
49
en_US
ethz.journal.issue
12
en_US
ethz.size
89 p.
en_US
ethz.code.jel
E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy::E24 - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
en_US
ethz.code.jel
J2 - Demand and Supply of Labor::J23 - Labor Demand
en_US
ethz.code.jel
J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers::J63 - Turnover; Vacancies; Layoffs
en_US
ethz.code.jel
J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers::J65 - Unemployment Insurance; Severance Pay; Plant Closings
en_US
ethz.publication.place
Bern
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute::06330 - KOF FB Konjunktur / KOF Macroeconomic forecasting
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
*
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute::06330 - KOF FB Konjunktur / KOF Macroeconomic forecasting
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
*
ethz.tag
KOF-Key-arbeitsmarkt
en_US
ethz.date.deposited
2018-01-04T07:56:58Z
ethz.source
FORM
ethz.eth
yes
en_US
ethz.availability
Open access
en_US
ethz.rosetta.installDate
2018-01-04T08:29:08Z
ethz.rosetta.lastUpdated
2019-02-02T14:03:10Z
ethz.rosetta.exportRequired
true
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true
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