S8 Ep39: The next generation: PSE ’25
VoxTalks Economics
00:00
Navigating Short-Time Work Programs
This chapter explores short-time work as a job retention strategy during economic downturns, highlighting the roles of employers, employees, and government involvement. It examines the complexities of compensation structures and their impacts on job security, public expenditure, and labor market dynamics across OECD countries. The discussion also reflects on the evolution of these programs, particularly the German model, and raises important questions about the broader implications for policy design and labor economics.
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