@TechReport{iza:izadps:dp5780,
            	author={Brenke, Karl and Rinne, Ulf and Zimmermann, Klaus F.},
            	title={Short-Time Work: The German Answer to the Great Recession},
            	year={2011},
	month={Jun},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={5780},
            	url={https://www.iza.org/index.php/publications/dp5780},
	abstract={Short-time work was the "German answer" to the economic crisis. The number of short-time workers strongly increased in the recession and peaked at more than 1.5 million. Without the extensive use of short-time work, unemployment would have risen by approximately twice as much as it actually did. Short-time work has certainly contributed to the mild response of the German labor market to the crisis, but this is likely due to the country-specific context. Although the crisis has been overcome and employment is strongly expanding, modified regulations governing short-time work are still in place. This leads to undesired side effects.},
	keywords={short-time work compensation;labor market policy;economic crisis;partially unemployed workers},
            }