Calavrezo, Oana; Duhautois, Richard; Walkowiak, Emmanuelle - Institute for the Study of Labor (IZA) - 2010
According to the French law, the short-time compensation (STC) program aims at avoiding redundancies during short-term downturns. Even if it does not shield establishments from redundancies (Calavrezo, Duhautois and Walkowiak, 2009a), STC can preserve an establishment's survival. This paper...