Some surprising facts about working time accounts and the business cycle
"Working time accounts (WTAs) allow firms to smooth hours worked over time. This paper analyzes whether this increase in flexibility has also affected how firms adjust employment in Germany. Using a rich microeconomic dataset, we show that firms with WTAs show a similar separation and hiring be...
| Main Authors: | , , |
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Bonn
2015
IZA |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19114157124919323399-Some-surprising-facts-about-wo.htm |
| _version_ | 1771659901775380480 |
|---|---|
| author | Balleer, Almut Gehrke, Britta Merkl, Christian |
| author_facet | Balleer, Almut Gehrke, Britta Merkl, Christian |
| collection | Library items |
| description | "Working time accounts (WTAs) allow firms to smooth hours worked over time. This paper analyzes whether this increase in flexibility has also affected how firms adjust employment in Germany. Using a rich microeconomic dataset, we show that firms with WTAs show a similar separation and hiring behavior in response to revenue changes as firms without WTAs. One possible explanation is that firms without WTAs used short-time work instead to adjust hours worked. However, we find that firms with WTAs use short-time work more than firms without WTAs. These findings call into question the popular hypothesis that WTAs were the key driver of the unusually small increase in German unemployment in the Great Recession." |
| format | TEXT |
| geographic | Germany |
| id | 19114157124919323399_71145650bc9446eb8b091338067f05e8 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19114157124919323399_71145650bc9446eb8b091338067f05e8 |
| is_hierarchy_title | Some surprising facts about working time accounts and the business cycle |
| language | English |
| physical | 15 p. Digital |
| publishDate | 2015 |
| publisher | Bonn IZA |
| spellingShingle | Balleer, Almut Gehrke, Britta Merkl, Christian business cycle flexible working time short time working working time Some surprising facts about working time accounts and the business cycle |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=108379192655 |
| title | Some surprising facts about working time accounts and the business cycle |
| topic | business cycle flexible working time short time working working time |
| url | https://www.labourline.org/KENTIKA-19114157124919323399-Some-surprising-facts-about-wo.htm |