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When short-time work works
Cahuc, Pierre; Kramarz, Francis; Nevoux, Sandra - 2018
Short-time work programs were revived by the Great Recession. To understand their operating mechanisms, we first provide a model showing that short-time work may save jobs in firms hit by strong negative revenue shocks, but not in less severely-hit firms, where hours worked are reduced, without...
Persistent link: https://www.econbiz.de/10011881536
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The heterogeneous impact of short-time work: from saved jobs to windfall effects
Cahuc, Pierre; Kramarz, Francis; Nevoux, Sandra - 2021
Paid family leave allows workers to take time off from work to care for a family member with a serious health condition, with reduced financial risk and increased job continuity. In 2004, California was the first state in the nation to implement a paid family leave program allowing workers to...
Persistent link: https://www.econbiz.de/10012518215
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The detrimental effect of job protection on employment : evidence from France
Cahuc, Pierre; Malherbet, Franck; Prat, Julien - 2019
the fragility of low-seniority jobs implies that layoff costs reduce the average job duration and increase unemployment …
Persistent link: https://www.econbiz.de/10012022430
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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/10009312950
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The difficult school-to-work transition of high school dropouts : evidence from a field experiment
Cahuc, Pierre; Carcillo, Stéphane; Minea, Andreea - 2017
skill certification improves youth prospects only when the local unemployment rate is sufficiently low, which occurs in one …
Persistent link: https://www.econbiz.de/10011672601