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Autor:innen: 
Erscheinungsjahr: 
2023
Quellenangabe: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 393v2 [Year:] 2023
Verlag: 
Institute of Labor Economics (IZA), Bonn
Zusammenfassung: 
The responses of working hours and employment levels to temporary negative demand shocks like those caused by the Great Recession in 2007-2008 and the Covid-19 pandemic in 2020-2022 have shown that consideration of both is important. Workers' desired rises in working hours in times of recession also serve to modify the standard measure of unemployment. During Covid-19, both jobs and earnings were temporarily protected among workers forced into short-time work schemes, providing a useful comparison with the provision of improved unemployment insurance to unemployed workers at that time.
Schlagwörter: 
demand shocks
hours
employment
job retention
JEL: 
E24
E32
J23
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
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