I am on the 2024-2025 job market, please find my JMP here.
I am a Ph.D candidate in Economics at Aix-Marseille School of Economics (Aix-Marseille University) in France, under the supervision of Bruno Decreuse.
My primary field is Labor Economics. My thesis focus on the design and the effects of Short-Time Work programs.
Presentation of the project Short-Time Work and Great-Recession: Evidence of a "French Miracle".
Slides: here
Presentation of the project SOEs as Policy Instruments: The Role of Chinese State-Owned Enterprises in Implementing Industrial Policies.
Slides: here
2 months research stay sponsored by C.Hémet on short-time work and the cleansing effect of recessions
Macroeconomics II: To access TD, Exams, Tutorials and Corrections check out Link
Mathematics II: To access TD, Exams, Tutorials and Corrections check out Link
Macroeconomics II: Exams and corrections
Mathematics II: Exams and corrections
Since the Great Recession, OECD countries have increased the generosity of short-time work (publicly subsidised reductions in working hours) in order to reduce employment fluctuation along business cycles. Using local projections and a novel narrative dataset for France, I show that past reductions in the cost paid by firms for using short-time work have increased the programme's deficit and reduced the number of hours worked by registered workers, while having a modest effect on unemployment. I construct a labour market and calibrate it using French data. Results show that a 50% increase in the cost of using short-time work would raise the social welfare of short-time worker by 25% and almost cancel the public deficit generated by the programme while having a small effect on employment.
Draft
To understand which firms take-up short-time work and which workers they enroll in this program, we provide a model which shows that short-time work may save jobs in firms hit by strong negative revenue shocks, but not in less severely-hit firms, where hours worked are reduced, without saving jobs. Using detailed data on the administration of the program covering the universe of French establishments in the 2008-2009 Great Recession, we find that short-time work did indeed save jobs and increase hours of work in firms faced with large negative shocks. We also provide evidence of large windfall effects which significantly increased the cost of the policy per job saved; yet we also find that short-time work remains more cost-efficient at saving jobs than wage subsidies.
WP
Many European countries have introduced or extended short-time work programmes in the face of the COVID-19 recession, hoping to achieve the same success as Germany during the Great Recession. I show that the short-time work programme can also lead to a German miracle outside Germany. Using French firm-level data, I instrument firms' take-up with heterogeneous leniency in short-time work approval rates across regions. I find that the French short-time work programme preserved employment during the Great Recession and allowed for higher take-up afterwards. By preserving employment during the recession, firms using STW preserved their accumulated human capital, which allowed them to be more productive after the crisis.
Draft
State-owned enterprises in China are far more numerous and larger than in other countries. One explanation for the number and size of Chinese SOEs is that they are used by the Chinese government to manage the Chinese economy. In this paper, we use Chinese firm-level data in a difference-in-difference framework to examine how China implements its industrial policy, focusing on the role of SOEs in the 10th Five Year Plan. We find that China relied on state-owned enterprises to achieve higher average productivity in the sectors supported by the plan. To understand the source of this productivity increase, we examine different forms of government support received by different types of firms.
Draft