The Shortcomings of a Partial Release of Employment Protection Laws : The Case of the 2005 French Reform / Pierre Cahuc, Stéphane Carcillo.

Format:

Book

Government document

Author/Creator:

Cahuc, Pierre.

Contributor:

Carcillo, Stéphane.

International Monetary Fund. Fiscal Affairs Department.

Series:

IMF Working Papers; Working Paper ; No. 2006/301

IMF Working Papers

Language:

English

Subjects (All):

Labor contract--France.

Labor contract.

Job creation--France.

Job creation.

Labor laws and legislation--France.

Labor laws and legislation.

Physical Description:

1 online resource (42 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2006.

Language Note:

English

Summary:

This paper proposes an ex ante evaluation of the effects of new labor contracts such as the "Contrat Nouvelle Embauche" (CNE) introduced in France in 2005. The lessons we draw are of sufficiently general interest to be applicable to other countries or reforms of employment protection laws. Using a model that captures the characteristics of the French labor market, we simulate the effects of this reform on unemployment, employment, and welfare. We estimate that the CNE will lead to the creation of 70,000 additional jobs in the long run, but at the cost of a slight deterioration in welfare.

Contents:

""Contents""; ""I. Introduction""; ""II. Regulatory Changes Brought About by the Introduction of the CNE""; ""III. Modeling the Labor Force Under Different Types of Contracts""; ""IV. Evaluating the Impact of the New Labor Contracts""; ""V. Conclusion: The Advantages of a Single Labor Contract?""; ""Appendix: The Model""; ""References""

Notes:

"December 2006."

Includes bibliographical references (p. 39-40).

Description based on print version record.

ISBN:

9786613820068

9781462372997

1462372996

9781452740041

1452740046

9781282391635

1282391631

9781451910148

1451910142

OCLC:

568151160