Cahuc, Pierre; Carcillo, Stéphane; Le Barbanchon, Thomas - 2014
. Although the hiring credit was not conditional on net job creation, it did not increase churning of workers. Nevertheless, we … estimate that a credit conditional on net job creation above the employment growth threshold of -1%; would have maximized job … creation, and created 1.8 times more jobs, at constant budget, provided that take-up had remained the same. …