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Teulings, Coen N.; Gautier, Pieter - 2001

rates are consistent with weakly increasing returns in matching. The resulting equilibrium is not efficient. Unemployment …

Persistent link: https://www.econbiz.de/10011399676

Short-time work compensations and employment

Cahuc, Pierre - In: IZA World of Labor (2014) May, pp. 1-10

Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...

Persistent link: https://www.econbiz.de/10010884429

Short-time work compensations and employment

Cahuc, Pierre - In: IZA World of Labor (2014)

Persistent link: https://www.econbiz.de/10011404834

Short-time work compensation schemes and employment

Cahuc, Pierre - In: IZA World of Labor (2019)

Persistent link: https://www.econbiz.de/10012120538

Sorting and the output loss due to search frictions

Gautier, Pieter; Teulings, Coen N. - 2011

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …

Persistent link: https://www.econbiz.de/10009010505

Collective versus decentralized wage bargaining and the efficient allocation of resources

Cai, Xiaoming; Gautier, Pieter; Watanabe, Makoto - 2015 - September 2012

An advantage of collective wage agreement is that search and business-stealing externalities can be internalized. A disadvantage is that it takes more time before an optimal allocation is reached because more productive firms (for a particular worker type) can no longer signal this by posting...

Persistent link: https://www.econbiz.de/10011309217

Estimating equilibrium effects of job search assistance

Gautier, Pieter; Muller, Paul; Klaauw, Bas van der; … - 2015 - July 16, 2012

Randomized experiments provide policy relevant treatment effects if there are no spillovers between participants and nonparticipants. We show that this assumption is violated for a Danish activation program for unemployed workers. Using a difference-in-difference model we show that the...

Persistent link: https://www.econbiz.de/10011309229

Simultaneous search and network efficiency

Gautier, Pieter; Holzner, Christian - 2011

When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects network clearing). We show that those frictions and the...

Persistent link: https://www.econbiz.de/10009239488

Search, screening and sorting

Cai, Xiaoming; Gautier, Pieter; Wolthoff, Ronald - 2021

We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with recent evidence that employers collect a pool of applicants before interviewing a subset of them. In this environment, we derive the necessary and sufficient conditions for sorting...

Persistent link: https://www.econbiz.de/10012581332

Two-tier labor markets in the great recession : France vs. Spain

Bentolila, Samuel; Cahuc, Pierre; Dolado, Juan J.; Le … - 2010

labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

Persistent link: https://www.econbiz.de/10008757525