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Figure 1 | IZA Journal of Labor Policy

Figure 1

From: The role of short-time work schemes during the global financial crisis and early recovery: a cross-country analysis

Figure 1

Impact of STW on permanent employment since the start of the crisis. Selected countries, country-specific peak in GDP to 2010 Q4. a ) Net impact refers to the difference in employment that can be attributed to the use of STW since the start of the crisis. b ) Gross impact refers to the cumulative impact that can be attributed to the use of STW since the start of the crisis. Source: Authors’ estimates based on Table 5, column 1.

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