...Lisa Bellmann; Lutz Bellmann; Olaf Hübler Purpose We enquire whether short-time work (STW) avoids firings as intended by policymakers and is associated with unintended side effects by subsidising some establishments and locking in some employees. Additionally, where it was feasible, establishments...

...José M. Arranz; Carlos García-Serrano; Virginia Hernanz Purpose This paper investigates whether short-time work (STW) schemes were successful in their objective of maintaining employment and keeping workers employed within the same firms after the onset of the financial and economic crisis in 2008...

... without WTAs. One possible explanation is that firms without WTAs used short-time work (STW) to adjust hours worked instead. However, the authors find that firms with WTAs use STW more than firms without WTAs. Originality/value These findings call into question the popular hypothesis that WTAs were...

...Andreas Crimmann; Frank Wießner; Lutz Bellmann Purpose After a brief glance at the global labour market after the financial meltdown the paper aims to explain some general mechanisms of short‐time work in Germany. Furthermore it seeks to present an overview of the costs of short‐time work...