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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/10011931638
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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
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Trade and unemployment: what do the data say?
Felbermayr, Gabriel; Prat, Julien; Schmerer, Hans-Jörg - 2009
lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …
Persistent link: https://www.econbiz.de/10010269047
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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
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Trade and Unemployment: What Do the Data Say?
Felbermayr, Gabriel; Prat, Julien; Schmerer, Hans-Jörg - Institute for the Study of Labor (IZA) - 2009
lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …
Persistent link: https://www.econbiz.de/10005030877
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Is Short-Time Work a Good Method to Keep Unemployment Down?
Cahuc, Pierre; Carcillo, Stéphane - Institute for the Study of Labor (IZA) - 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/10008804896
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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
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Firm Dynamics and Residual Inequality in Open Economies
Felbermayr, Gabriel; Impullitti, Giammario; Prat, Julien - 2014
Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....
Persistent link: https://www.econbiz.de/10010333335
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Macroeconometric Evaluation of Active Labour Market Policies in Germany - A Dynamic Panel Approach Using Regional Data
Zeiss, Christopher; Caliendo, Marco; Blien, Uwe; Hujer, … - 2002
Most evaluation studies of active labour market policies (ALMP) focus on the microeconometric evaluation approach using individual data. However, as the microeconometric approach usually ignores impacts on the non-participants, it should be seen as a first step to a complete evaluation which has...
Persistent link: https://www.econbiz.de/10010262531
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Employment protection, product market regulation and firm selection
Koeniger, Winfried; Prat, Julien - 2006
This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search frictions. Modeling multiple-worker firms allows us to distinguish between the exit-and-entry (extensive) margin, and the hiring-and-firing (intensive) margin. We characterize...
Persistent link: https://www.econbiz.de/10010267510