employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …

employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …

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 saving jobs. The cost of saving jobs is low because shorttime work … demonstrates that short-time work saved jobs in firms faced with large drops in their revenues during the Great Recession, in …

the fragility of low-seniority jobs implies that layoff costs reduce the average job duration and increase unemployment …

optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection … models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage …