| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16168 |
| DP16168 The Heterogeneous Impact of Short-Time Work: From Saved Jobs to Windfall Effects | |
| Pierre Cahuc; francis kramarz; Sandra Nevoux | |
| 发表日期 | 2021-05-18 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | To understand which firms take-up short-time work and which workers they enroll in this program, we provide a model which shows 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 saving jobs. Using detailed data on the administration of the program covering the universe of French establishments in the 2008-2009 Great Recession, we find that short-time work did indeed save jobs and increase hours of work in firms faced with large negative shocks. These firms have been able to recover rapidly in the aftermath of the Recession thanks to short-time work. We also provide evidence of large windfall effects which significantly increased the cost of the policy per job saved; yet we also find that short-time work remains more cost-efficient at saving jobs than wage subsidies. |
| 主题 | Labour Economics ; Public Economics |
| 关键词 | Short-time work Employment Hours of work |
| URL | https://cepr.org/publications/dp16168 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545141 |
| 推荐引用方式 GB/T 7714 | Pierre Cahuc,francis kramarz,Sandra Nevoux. DP16168 The Heterogeneous Impact of Short-Time Work: From Saved Jobs to Windfall Effects. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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