Temporary Agency Work and the Great Recession

  • Daniel Baumgarten
  • Michael Kvasnicka
Schlagworte: Labour demand, employment adjustment, economic crisis, temporary agency work, short-time work, establishment data

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.

Veröffentlicht
2018-09-03
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