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Is short-time work an effective job protection policy?
[L’activité partielle, une politique de sauvegarde de l’emploi efficace ?]

Author

Listed:
  • Pierre Cahuc
  • Francis Kramarz
  • Sandra Nevoux

Abstract

Short-time work schemes have been implemented in many OECD countries with a view to protecting jobs in companies experiencing temporary difficulties. While such schemes made it possible to save jobs during the Great Recession of 2008-2009, they may also have adverse effects on the economy. However, these effects would be minimised by sensible reforms. En vigueur au sein de nombreux pays de l’OCDE, l’activité partielle vise à préserver l’emploi au sein des établissements confrontés à des difficultés conjoncturelles. Si ce dispositif a permis de sauvegarder des emplois pendant la Grande Récession de 2008-2009, il peut aussi avoir des effets pervers sur l’économie. Des réformes judicieuses permettraient de minimiser ces effets.

Suggested Citation

  • Pierre Cahuc & Francis Kramarz & Sandra Nevoux, 2018. "Is short-time work an effective job protection policy? [L’activité partielle, une politique de sauvegarde de l’emploi efficace ?]," Eco Notepad 63, Banque de France.
    • Handle: RePEc:bfr:econot:63
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