Short-Time Work and Employment Stability: Evidence from a Policy Change
Short-Time Work and Employment Stability: Evidence from a Policy Change
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DOI：
10.1111/bjir.12250
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发表时间：
2018-03-01
影响因子：
2.6
通讯作者：
Hernanz, Virginia
中科院分区：
文献类型：
--
作者：
Arranz, Jose M.;Garcia-Serrano, Carlos;Hernanz, Virginia
本文调查了短期工作（STW）计划是否实现了其既定目标，即在危机时期保留工作岗位并保持工人就业。我们的识别战略利用了对雇主和雇员临时中止工作合同或减少工作时间的财政奖励的变化。我们使用纵向管理数据和估计差异中的差异回归和工具变量双变量概率模型与内源性协变量，试图考虑到潜在的endoeconomic参与STW。我们的研究结果表明，酌情政策变化的奖励STW计划可以在短期内是有效的，但他们失去了他们的能力时，需求下降和缺乏工作是更持久的。
This paper investigates whether short-time work (STW) programmes achieve their stated goal of being devices intended to preserve jobs and keep workers employed in times of crisis. Our identification strategy exploits a change in the financial incentives provided to employers and employees for the temporary suspension of work contracts or the reduction of working time. We use longitudinal administrative data and estimate difference-in-differences regressions and instrumental variable bivariate probit models with endogenous covariates, which try to take account of the potential endogeneity of participation in STW. Our results suggest that discretionary policy changes in the incentives of STW schemes can be effective in the short run but they lose their ability when the decline in demand and the lack of work are more permanent.