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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/10011931638

On the Efficiency of Job Search with Social Networks

Cahuc, Pierre; Fontaine, François - 2002

of different job search methods, conditional unemployment benefits hikes can improve welfare when individuals are risk …

Persistent link: https://www.econbiz.de/10010262669

Is short-time work a good method to keep unemployment down?

Cahuc, Pierre; Carcillo, Stéphane - 2011

2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …

Persistent link: https://www.econbiz.de/10010274716

The roots of low European employment: family culture?

Algan, Yann; Cahuc, Pierre - 2005

OECD countries faced largely divergent employment rates during the last decades. But the whole bulk of the cross-national and cross-temporal heterogeneity relies on specific demographic groups: prime-age women and younger and older individuals. This paper argues that family labor supply...

Persistent link: https://www.econbiz.de/10010267603

The Heterogeneous Impact of Short-Time Work: From Saved Jobs to Windfall Effects

Cahuc, Pierre; Kramarz, Francis; Nevoux, Sandra - 2021

To understand which firms take-up short-time work and which workers they enroll in this program, we provide a model which shows 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 saving...

Persistent link: https://www.econbiz.de/10012597527

Trust, Growth and Well-being: New Evidence and Policy Implications

Algan, Yann; Cahuc, Pierre - 2013

This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust … market and the product market. The last part reviews recent progress to identify how institutions and policies can affect …

Persistent link: https://www.econbiz.de/10010319479

Teaching practices and social capital

Algan, Yann; Cahuc, Pierre; Shleifer, Andrei - 2011

firms and institutions. In cross-country data, we show that teaching practices (such as copying from the board versus …

Persistent link: https://www.econbiz.de/10010286875

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/10012059114

Job Protection, Minimum Wage and Unemployment

Zylberberg, André; Cahuc, Pierre - 1999

We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that … exercises suggest that redundancy transfers and administrative dismissal restrictions have negligeable unemployment effects when … wages are flexible or when the minimum wage is low, but a dramatic positive impact on unemployment when there is a high …

Persistent link: https://www.econbiz.de/10010262316

Redundancy Payments, Incomplete Labor Contracts, Unemployment and Welfare

Cahuc, Pierre; Zylberberg, André - 1999

high severance payments are likely to decrease unemployment but systematically decrease welfare and raise inequality …

Persistent link: https://www.econbiz.de/10010262317