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Lockdown and Unemployment in France
[Confinement et chômage en France]

Author

Listed:
  • Malak Kandoussi

    (EPEE - Centre d'Etudes des Politiques Economiques - UEVE - Université d'Évry-Val-d'Essonne - Université Paris-Saclay)

  • François Langot

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, GAINS - Groupe d'Analyse des Itinéraires et des Niveaux Salariaux - UM - Le Mans Université, TEPP - Travail, Emploi et Politiques Publiques - UPEM - Université Paris-Est Marne-la-Vallée - CNRS - Centre National de la Recherche Scientifique)

Abstract

We are developing a matching model that reproduces the impact of the sanitary restrictions induced by the Covid-19 crisis on French unemployment, taking into account its heterogenous impacts between various educational levels. We identify the size of the restrictions on sales for each labor market segment and the different use of short-time working program. Our results are obtained thanks to an original matching model integrating (i) time-varying microeconomic risks, (ii) and congestion externalities making unit costs of vacancy posting varying. Afterwards, (i) we evaluate the impact of the short-time working program on unemployment rates by diploma, (ii) we compare different scenarios of the lockdown (short but strict vs long but flexible) and (iii) we forecast the impact of a similar lockdown of March 2020 at the end of March 2021.

Suggested Citation

  • Malak Kandoussi & François Langot, 2021. "Lockdown and Unemployment in France [Confinement et chômage en France]," PSE-Ecole d'économie de Paris (Postprint) halshs-03956164, HAL.
    • Handle: RePEc:hal:pseptp:halshs-03956164
    DOI: 10.3917/redp.316.0151
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03956164v1
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