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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

Why is French Equilibrium Unemployment so High?

L'Horty, Yannick; Rault, Christophe - 2004

Unemployment in France rose steadily from the early-seventies to the mid-eighties. Since the mid-eighties it has … continued to experience fluctuations around a very high average level. Equilibrium unemployment theories are a useful framework …, which includes a larger number of potential unemployment determinants than earlier work, allows an enriched reading of the …

Persistent link: https://www.econbiz.de/10014070580

The Impact of Growth, Labour Cost and Working Time on Employment: Lessons from the French Experience

L'Horty, Yannick; Rault, Christophe - 2003

To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for three sets of sectors....

Persistent link: https://www.econbiz.de/10010275663

When Short-Time Work Works

Cahuc, Pierre - 2018

Persistent link: https://www.econbiz.de/10012914329

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

When Short-Time Work Works

Cahuc, Pierre; Kramarz, Francis; Nevoux, Sandra - 2018

Short-time work programs were revived by the Great Recession. To understand their operating mechanisms, Pierre Cahuc, Francis Kramarz & Sandra Nevoux 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...

Persistent link: https://www.econbiz.de/10014111500