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Theory and empirics of short-time work : a review

Bermudez, Natalia; Dejemeppe, Muriel; Tarullo, Giulia - 2023

Following massive take-up rates during the COVID-19 period, short-time work (STW) policies have attracted renewed interest. In this paper, we take stock of this policy instrument and provide a critical review of STW systems in Europe. We focus on the objectives of STW programs and their primary...

Persistent link: https://www.econbiz.de/10014433060

The economics of severance pay

Boeri, Tito; Garibaldi, Pietro; Moen, Espen R. - 2013

case of employer initiated job separations. According to the extensive literature on Employment Protection Legislation such …

Persistent link: https://www.econbiz.de/10009757454

The Economics of Severance Pay

Boeri, Tito - 2013

case of employer initiated job separations. According to the extensive literature on Employment Protection Legislation such …

Persistent link: https://www.econbiz.de/10013079741

Employment protection, product market regulation and firm selection

Koeniger, Winfried (contributor); Prat, Julien (contributor) - 2006

This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search frictions. Modeling multiple-worker firms allows us to distinguish between the exit-and-entry (extensive) margin, and the hiring-and-firing (intensive) margin. We characterize...

Persistent link: https://www.econbiz.de/10003278939

Does weaker employment protection lower the cost of job loss?

Francesconi, Marco; Sonedda, Daniela - 2024

Leveraging a major Italian reform enacted in June 2012 that eroded employment protection to workers on permanent …-by-event research design, which compares workers moving into nonemployment before and after the reform. Weakening employment protection … led to additional penalties in terms of lower re-hiring earnings and lower re-employment probabilities. Heterogeneous …

Persistent link: https://www.econbiz.de/10015077937

Does weaker employment protection lower the cost of job loss?

Francesconi, Marco; Sonedda, Daniela - 2024

Persistent link: https://www.econbiz.de/10015081326

Reducing severance costs or subsidizing permanent job creation : which policy is more effective to reduce duality?

Osuna, Victoria - 2015

This paper introduces endogenous on-the-job training in the job creation and destruction model of the search and matching type by García-Pérez and Osuna (Dual labour markets and the tenure distribution: Reducing severance pay or introducing a single contract, 2014). The objective is to compare...

Persistent link: https://www.econbiz.de/10011290858

Reducing severance costs or subsidizing permanent job creation : which policy is more effective to reduce duality?

Osuna-Padilla, Victoria - 2015

This paper uses the job creation and destruction model of the search and matching type proposed by García-Pérez and Osuna (2014) to study the effectiveness of subsidizing permanent job creation as a strategy to reduce labour market segmentation between permanent and temporary contracts. The...

Persistent link: https://www.econbiz.de/10010506295

Unemployment insurance and the labor market

Zweimüller, Josef - 2018

The existing literature assumes that unemployment insurance (UI) affects the labor market through the job finding rate of eligible workers. I argue that this focus is too narrow. I show evidence for UI effects through three other margins: (i) search externalities; (ii) takeup of other welfare...

Persistent link: https://www.econbiz.de/10011790383

Inefficient short-time work

Cahuc, Pierre; Nevoux, Sandra - 2017

This paper shows that the reforms which expanded short-time work in France after the great 2008-2009 recession were largely to the benefit of large firms which are recurrent short-time work users. We argue that this expansion of short-time work is an inefficient way to provide insurance to...

Persistent link: https://www.econbiz.de/10011732014