The Belgian Short-time Work scheme: Economic and Psychological impacts - BESWEP KU Leuven
This research studies the impact of the Belgian short-term work (STW) compensation scheme, coined “temporary unemployment” on psychological outcomes for employees in the short and longer term. STW is a policy instrument installed at the Belgian federal level to avoid the costly process of separation and re-hiring during the temporary reduction in production and demand. STW has had particular resonance during the COVID-19 pandemic. At the peak ...