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http://hdl.handle.net/10419/36869
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| Title: | | Short-time compensation and establishment exit: An empirical analysis with French data  |
| Authors: | | Calavrezo, Oana Duhautois, Richard Walkowiak, Emmanuelle |
| Issue Date: | | 2010 |
| Series/Report no.: | | Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 4989 |
| Abstract: | | According to the French law, the short-time compensation (STC) program aims at avoiding redundancies during short-term downturns. Even if it does not shield establishments from redundancies (Calavrezo, Duhautois and Walkowiak, 2009a), STC can preserve an establishment's survival. This paper studies the relationship between STC and establishment exit over the period 2000-2005. We merge six data sets and we test the relationship between STC and establishment exit with propensity score matching techniques. Our results show that, on average, the year after establishments implement STC, they exit the market more intensely than establishments that do not use the program. |
| Subjects: | | Short-time compensation establishment exit selection bias propensity score matching |
| JEL: | | J20 J63 C14 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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