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Le préfinancement du CICE et ses effets sur l’emploi : une évaluation ex post

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  • Haithem Ben Hassine
  • Claude Mathieu

Abstract

The ex post evaluation presented here endeavours to measure the potential effects of the CICE pre-financing mechanism on preserving jobs due to fewer company failures in?2013?and?2014. The econometric analysis is backed by exhaustive data from INSEE and the use of propensity score matching methods (Kernel, five nearest neighbours, and Caliper). The results indicate that the pre-financed firms could have destroyed around?2,500?jobs (the effects range from approximately?900?to?4,000), if all else being equal, they had not received pre-financing. This effect only applies to firms with between?10?and?100?employees and only for?2013. Thus, the results of this study do not show a significant effect for very small firms (between?2?and?9?employees) or for firms with more than 100?employees. The positive effect of pre-financing on safeguarding jobs in?2013?can be regarded as the upper end of the job preservation range, as a failed company may be forced out of the market.

Suggested Citation

  • Haithem Ben Hassine & Claude Mathieu, 2018. "Le préfinancement du CICE et ses effets sur l’emploi : une évaluation ex post," Economie & Prévision, La Documentation Française, vol. 0(2), pages 37-63.
  • Handle: RePEc:cai:ecoldc:ecop_214_0037
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