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Short-time work and related measures to mitigate the consequences of a (partial) economic shutdown
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SYSNO ASEP 0531179 Document Type V - Research Report R&D Document Type O - Ostatní Title Short-time work and related measures to mitigate the consequences of a (partial) economic shutdown Author(s) Mittag, Nikolas (NHU-N)
Pertold, Filip (NHU-N) RIDIssue data Praha: Národohospodářský ústav AV ČR, v. v. i., 2020 ISBN 978-80-7344-534-8 Series Studie IDEA anti COVID-19 Series number 13/2020 Number of pages 28 s. Language eng - English Country CZ - Czech Republic Keywords COVID-19 ; Czech Republic Subject RIV AH - Economics OECD category Applied Economics, Econometrics Institutional support NHU-N - RVO:67985998 Annotation The objective of this document is to provide a basic foundation to think about the merits, alternatives and policy design choices of short-time work policies. The first section characterizes the motivation for short-term work and the types of costs that it can help to reduce or cause. The second section briefly overviews key policy alternatives and their merits, to lay out where short-time work has the potential to be useful, and what alternative tools can amend or replace it. This is followed by an overview of short-time work policies from the last recession and key lessons learned from that experience. The document closes with an overview of short-time work policies already enacted in response to the current economic situation. The main aim of this document is to draw general policy conclusions for the current situation in the Czech Republic based on the reviews and considerations in the first two sections. Section 3 will attempt to do so. Readers who are primarily interested in specific policies or those familiar with the literature on short-time work may want to go straight to Section 3. Workplace Economics Institute Contact Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Year of Publishing 2021 Electronic address https://idea.cerge-ei.cz/files/IDEA_Kurzarbeit_zahranicni_zkusenost_Covid19_duben2020_13/IDEA_Kurzarbeit_zahranicni_zkusenost_Covid19_duben2020_13.html
Number of the records: 1