Cahuc, Pierre; Carcillo, Stéphane; Le Barbanchon, Thomas - 2017
French hiring credit, implemented during the Great Recession, had significant positive employment effects and no effects on … wages. Relying on the quasi-experimental variation in labor cost triggered by the hiring credit, we estimate a structural … that the cost per job created by permanent hiring credits, either countercyclical or time-invariant, in an environment with …