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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

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

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

Values and labor force participation in the Nordic countries

Hall, Axel; Gylfi Zoega - 2014

The Nordic countries are known for their success in combining an extensive welfare state with high labor force participation. This is explained by the origins of their welfare states that can be traced to a unique set of values and beliefs that emphasize the right of women to participate in the...

Persistent link: https://www.econbiz.de/10010252633

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

On the causes of Brexit

Ágúst Arnórsson; Gylfi Zoega - 2016

We analyse the voting pattern in the June 23rd referendum on the continued participation of the United Kingdom in the European Union and evaluate the reasons for the results. We find that regions where GDP per capita is low, a high proportion of people have low education, a high proportion is...

Persistent link: https://www.econbiz.de/10011523724

Longevity, retirement and intra-generational equity

Hougaard Jensen, Svend Erik; Thorsteinn Sigurdur Sveinsson - 2019

We find that segments of society who have shorter life expectancy can expect a lower retirement income and lifetime utility due to the longevity of other groups participating in the same pension scheme. Linking retirement age to average life expectancy magnifies the negative effect on the...

Persistent link: https://www.econbiz.de/10012029124

Strong hysteresis due to age effects

Chen, Yu-Fu; Gylfi Zoega - 2010

Strong hysteresis in the labour market (see Cross, 1995) requires workers to be heterogeneous in terms of the cost of hiring and firing. We show how such heterogeneity arises naturally in labour markets due to differences in workers’ age by showing that both the hiring and the firing...

Persistent link: https://www.econbiz.de/10003936605

A nonparametric analysis of regional unemployment dynamics in Britain

Bianchi, Marco; Gylfi Zoega - 1997

This paper estimates the probability distribution of relative county unemployment in Britain for the years 1981 … unemployment transition is defined as a move between a tail and the centre of the distribution (and vice versa). We calculate …) unemployment regions have a higher probability of entering a state of lower (higher) unemployment than a state of higher (lower …

Persistent link: https://www.econbiz.de/10009660376

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