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that the cost per job created by permanent hiring credits, either countercyclical or time-invariant, in an environment with …
Persistent link: https://www.econbiz.de/10012930950
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/10012914329
Researchers contributing to the empirical rent-sharing literature have typically resorted to estimating the responsiveness of workers' wages on firms' ability to pay in order to assess the extent to which employers share rents with their employees. This paper compares rent-sharing estimates...
Persistent link: https://www.econbiz.de/10012942047
This paper shows that the reforms which expanded short-time work in France after the great 2008-2009 recession were …
Persistent link: https://www.econbiz.de/10012947129
minimum wage in firms with less than 10 employees in France from December 2008 to December 2009. Using rich administrative …
Persistent link: https://www.econbiz.de/10013050613
Consistent with two models of imperfect competition in the labor market, the efficient bargaining model and the monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We show that both product and labor market imperfections...
Persistent link: https://www.econbiz.de/10012464671
European countries. Such institutional and organizational differences might shape firms operational environment in general and … using firm-level data in Chile, a non-OECD member under the considered time period, and France. We rely on two extensions of …-2001 in France, we first classify 20 comparable manufacturing industries in 6 distinct regimes that differ in the type of …
Persistent link: https://www.econbiz.de/10012457252
and scale economies. Using an unbalanced panel of 17,653 firms over the period 1986-2001 in France, 8,728 firms over the …
Persistent link: https://www.econbiz.de/10012459603
school by sending fictitious résumés to real job postings in France. Compared to those who have stayed unemployed since …
Persistent link: https://www.econbiz.de/10012952595
According to French law, employers have to pay at least six months salary to employees whose seniority exceeds two years in case of unfair dismissal. We show, relying on data, that this regulation entails a hike in severance payments at two-year seniority which induces a significant rise in the...
Persistent link: https://www.econbiz.de/10012868796