Germany experienced an even deeper fall in GDP in the Great Recession than the United
States, with little employment loss. Employers' reticence to hire in the preceding expansion …

Germany's labor market responded only mildly to the Great Recession. Important factors for
this development include the strong economic position due to recent labor market reforms …

This paper lays out the various reasons for the exceptional performance of the German
labour market during and after the Great Recession of 2008/9. The reference point of our …

At the height of the economic crisis in mid‐2009, the number of Germany's short‐time
workers peaked at 1.5 million. Unemployment would otherwise have increased by …

This paper aims at analyzing the astonishingly mild response of the German labor market to
the severe demand shock that occurred in the aftermath of the financial crisis. It stresses the …

Abstract The Great Recession triggered a resurgence of short-time work (STW) throughout
the OECD. Several countries introduced STW from scratch or significantly expanded the …

The leading economic problem of our time is the high and persistent level of unemployment.
As of early 1985, there are no signs that the severity of unemployment will weaken within the …

Laws in most Western European countries give workers strong job rights, including the right
to advance notice of layoff and the right to severance pay or other compensation if laid off …

Germany's recovery from an unemployment disease and its resilience to the Great
Recession is remarkable. Its success story makes it a showcase for labor policy and labor …

Abstract In the Great Recession most OECD countries used short-time work (publicly
subsidized working time reductions) to counteract a steep increase in unemployment. We …