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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

The lock-in effects of part-time unemployment benefits

Benghalem, Hélène; Cahuc, Pierre; Villedieu, Pierre - 2021

We ran a large randomized controlled experiment among about 150,000 recipients of unemployment benefits insurance in France in order to evaluate the impact of part-time unemployment benefits. We took advantage of the lack of knowledge of job seekers regarding this program and sent emails...

Persistent link: https://www.econbiz.de/10012486489

Short-time work compensation schemes and employment : temporary government schemes can have a positive economic effect

Cahuc, Pierre - 2019

Persistent link: https://www.econbiz.de/10012012411

Inefficient short-time work

Cahuc, Pierre; Nevoux, Sandra - 2017

This paper shows that the reforms which expanded short-time work in France after the great 2008-2009 recession were largely to the benefit of large firms which are recurrent short-time work users. We argue that this expansion of short-time work is an inefficient way to provide insurance to...

Persistent link: https://www.econbiz.de/10011732014

Labour Market Efficiency, Wages and Employment when Search Frictions Interact with Intrafirm Bargaining

Cahuc, Pierre; Wasmer, Etienne - C.E.P.R. Discussion Papers - 2001

In search of a macroeconomic theory of wage determination, the agnostic reader should be puzzled by the apparent … contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring … overemployment compared to the efficient allocation than in the standard search-matching model. …

Persistent link: https://www.econbiz.de/10005791528