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Short-time work compensations and employment : temporary government schemes can have a positive economic effect
Cahuc, Pierre - 2014
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10011413675
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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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Is Short-Time Work a Good Method to Keep Unemployment Down?
Cahuc, Pierre - 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/10013131173
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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 …-rating component. -- short-time work ; unemployment ; employment …
Persistent link: https://www.econbiz.de/10009124724
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Why is French Equilibrium Unemployment so High?
L'Horty, Yannick; Rault, Christophe - 2004
Unemployment in France rose steadily from the early-seventies to the mid-eighties. Since the mid-eighties it has … continued to experience fluctuations around a very high average level. Equilibrium unemployment theories are a useful framework …, which includes a larger number of potential unemployment determinants than earlier work, allows an enriched reading of the …
Persistent link: https://www.econbiz.de/10014070580
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The Impact of Growth, Labour Cost and Working Time on Employment: Lessons from the French Experience
L'Horty, Yannick; Rault, Christophe - 2003
To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for three sets of sectors....
Persistent link: https://www.econbiz.de/10010275663
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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 Impact of Growth, Labour Cost and Working Time on Employment : Lessons from the French Experience
L'Horty, Yannick; Rault, Christophe - 2021
To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for three sets of sectors....
Persistent link: https://www.econbiz.de/10013319764
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When Short-Time Work Works
Cahuc, Pierre - 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/10012914329
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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, Pierre Cahuc, Francis Kramarz & Sandra Nevoux 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...
Persistent link: https://www.econbiz.de/10014111500