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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 Geography of Job Creation and Job Destruction

Kuhn, Moritz; Manovskii, Iourii; Qiu, Xincheng - 2021

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …

Persistent link: https://www.econbiz.de/10012882367

Is Short-Time Work a Good Method to Keep Unemployment Down?

Cahuc, Pierre; Carcillo, Stéphane - Institute for the Study of Labor (IZA) - 2011

Persistent link: https://www.econbiz.de/10008804896

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

Human Capital Risk, Contract Enforcement, and the Macroeconomy

Krebs, Tom; Kuhn, Moritz; Wright, Mark L. J. - 2015

We use data from the Survey of Consumer Finance and Survey of Income Program Participation to show that young households with children are under-insured against the risk that an adult member of the household dies. We develop a tractable macroeconomic model with human capital risk, age-dependent...

Persistent link: https://www.econbiz.de/10011307429

What Hides behind the German Labor Market Miracle? Unemployment Insurance Reforms and Labor Market Dynamics

Hartung, Benjamin; Jung, Philip; Kuhn, Moritz - 2018

A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor …

Persistent link: https://www.econbiz.de/10011984561

Which Ladder to Climb? Decomposing Life Cycle Wage Dynamics

Bayer, Christian; Kuhn, Moritz - 2019

Wages grow and become more unequal as workers age. Economic theory focuses on worker investment in human capital, search for employers, and residual wage shocks to account for these life cycle wage dynamics. We highlight the importance of jobs: collections of tasks and duties defined by...

Persistent link: https://www.econbiz.de/10012059203

Which Ladder to Climb? Wages of Workers by Job, Plant, and Education

Bayer, Christian; Kuhn, Moritz - 2018

workforce, and labor market institutions. …

Persistent link: https://www.econbiz.de/10011931792