It takes the average reader and 36 minutes to read The Effectiveness of Job-Retention Schemes: COVID-19 Evidence From the German States by Mr. Shekhar Aiyar
Assuming a reading speed of 250 words per minute. Learn more
Kurzarbeit (KA), Germany’s short-time work program, is widely credited with saving jobs and supporting domestic demand during the COVID-19 recession. We quantify the impact by exploiting state-level variation in exposure to the pandemic shock and KA take-up. We construct a shift-share measure of the labor demand shock and instrument KA take-up using the pre-existing, state-specific share of workers eligible for KA. We find, first, that KA was crucial in mitigating unemployment: absent its expansion the unemployment rate would have increased by an additional 3 pp on average at the trough of...
The Effectiveness of Job-Retention Schemes: COVID-19 Evidence From the German States by Mr. Shekhar Aiyar is 36 pages long, and a total of 9,216 words.
This makes it 12% the length of the average book. It also has 11% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 50 minutes to read The Effectiveness of Job-Retention Schemes: COVID-19 Evidence From the German States aloud.
The Effectiveness of Job-Retention Schemes: COVID-19 Evidence From the German States is suitable for students ages 8 and up.
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