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Titel
Inefficient short-time work / Pierre Cahuc (Crest-Ensae, École Polytechnique, IZA and CEPR), Sandra Nevoux (Crest-Ensae, École Polytechnique) ; IZA Institute of Labor Economics
VerfasserCahuc, Pierre In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Pierre Cahuc ; Nevoux, Sandra In Wikipedia suchen nach Sandra Nevoux
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Forschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, September 2017
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Elektronische Ressource
Umfang1 Online-Ressource (29 Seiten) : Diagramme
SerieDiscussion paper ; no. 11010
URNurn:nbn:de:hbz:5:2-138679 Persistent Identifier (URN)
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Inefficient short-time work [0.32 mb]
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Zusammenfassung

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 workers, as it entails cross-subsidies which reduce aggregate production. An efficient policy should provide unemployment insurance benefits funded by experience rated employers' contributions instead of short-time work benefits. We find that short-time work entails significant production losses compared to an unemployment insurance scheme with experience rating.