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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

Informality, public employment and employment protection in developing countries

Yassin, Shaimaa; Langot, François - 2017

This paper proposes an equilibrium matching model for developing countries' labor markets where the interaction between public, formal private and informal private sectors are taken into account. Theoretical analysis shows that gains from reforms aiming at liberalizing formal labor markets can...

Persistent link: https://www.econbiz.de/10011732030

On the efficiency of job search with social networks

Cahuc, Pierre; Fontaine, François - 2002

of different job search methods, conditional unemployment benefits hikes can improve welfare when individuals are risk …

Persistent link: https://www.econbiz.de/10011413539

Nonlinearities and workers' heterogeneity in unemployment dynamics

Adjemian, Stéphane; Karamé, Frédéric; Langot, François - 2021

low-paid workers' submarkets. The model fits the job finding, job separation, and unemployment rates well. It also … of the aggregate shock that allows generating the US labor market fluctuations has a correlation with unemployment that …

Persistent link: https://www.econbiz.de/10012697332

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

Uncertainty shocks and unemployment dynamics

Kandoussi, Malak; Langot, François - 2020

the impact of uncertainty shocks on unemployment dynamics. Using a vector autoregression approach, we show that … uncertainty shocks measured by stock market volatility have a significant impact on the U.S. unemployment rate. We then develop a …

Persistent link: https://www.econbiz.de/10012243477

The lockdown impact on unemployment for heterogeneous workers

Kandoussi, Malak; Langot, François - 2020

We develop a multi-sectoral matching model to predict the impact of the lockdown on the US unemployment, considering … and business closures that hit the workers with the first level of education explains the abruptness of the unemployment …-crisis unemployment level could be reached in 2024 in a scenario with a double wave. In the same scenario, a calibration on French data …

Persistent link: https://www.econbiz.de/10012243489

A tale of two countries : a story of the French and US polarization

Albertini, Julien; Hairault, Jean-Olivier; Langot, François - 2017

choice to disentangle the respective contributions of task-biased technological change (TBTC), labor market institutions (LMI …

Persistent link: https://www.econbiz.de/10011732027

The roots of low European employment : family culture?

Algan, Yann (contributor); Cahuc, Pierre (contributor) - 2005

OECD countries faced largely divergent employment rates during the last decades. But the whole bulk of the cross-national and cross-temporal heterogeneity relies on specific demographic groups: prime-age women and younger and older individuals. This paper argues that family labor supply...

Persistent link: https://www.econbiz.de/10003155692

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