KURZARBEIT/SHORT TIME WORKING: EXPERIENCES AND LESSONS FROM THE COVID-INDUCED DOWNTURN

IF 1.2 Q3 ECONOMICS
B. Casey, Ken Mayhew
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引用次数: 3

Abstract

Following the covid-induced lockdowns, many commented on the role the German model of Kurzarbeit could play in reducing unemployment. Other countries emulated the model. Looking at the experiences of Germany, the UK, Sweden and the USA, the article analyses the strengths and weaknesses of short-time working (STW) schemes. It asks whether STW has been well designed to have optimal short and longer run impact. It is quite effective as a short-term palliative, but in longer downturns, its weaknesses come to the fore. It is by no means clear that the UK needs a permanent replacement for the furlough.
Kurzarbeit /短期工作:新冠疫情引发的经济低迷的经验教训
在新冠病毒引发的封锁之后,许多人评论了德国模式库尔扎贝特在降低失业率方面可以发挥的作用。其他国家也效仿了这一模式。本文借鉴德国、英国、瑞典和美国的经验,分析了短时工作制的优缺点。它询问STW是否经过精心设计,能够产生最佳的短期和长期影响。作为一种短期的缓和措施,它是相当有效的,但在长期的经济衰退中,它的弱点凸显出来。目前还不清楚英国是否需要一个永久性的休假替代者。
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来源期刊
CiteScore
3.70
自引率
9.50%
发文量
21
期刊介绍: The National Institute Economic Review is the quarterly publication of the National Institute of Economic and Social Research, one of Britain"s oldest and most prestigious independent research organisations. The Institutes objective is to promote, through quantitative research, a deeper understanding of the interaction of economic and social forces that affect peoples" lives so that they may be improved. It has no political affiliation, and receives no core funding from government. Its research programme is organised under the headings of Economic Modelling and Analysis; Productivity; Education and Training and the International Economy.
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