Temporary agency work and the Great Recession

Baumgarten, Daniel und Kvasnicka, Michael (April 2017): Temporary agency work and the Great Recession. In: Journal of Economic Behavior & Organization, Bd. 136: S. 29-44

Abstract

We investigate with German data how the use of temporary agency work has helped establishments to manage the economic and financial crisis in 2008/09. We examine the (regular) workforce development, use of short-time work, and business performance of establishments that made differential use of temporary agency work prior to the crisis. Overall, our results suggest that establishments with a greater use of temporary agency work coped better with the sharp decline in demand and made less frequent use of government-sponsored short-time work schemes.

• Dokumententyp: Zeitschriftenartikel
• Keywords: Labour demand; Employment adjustment; Economic crisis; Temporary agency work; Short-time work; Establishment data
• Fakultät: Volkswirtschaft
• Themengebiete: 300 Sozialwissenschaften > 330 Wirtschaft
• JEL Classification: E32, J23, L23, J68
• ISSN: 0167-2681
• Sprache: Englisch