Why is Unemployment in France so High? / Reza Moghadam.

Format:

Book

Government document

Author/Creator:

Moghadam, Reza.

Series:

IMF Working Papers; Working Paper ; No. 1994/058

IMF Working Papers

Language:

English

Physical Description:

1 online resource (84 pages)

Place of Publication:

Washington, D.C. : International Monetary Fund, 1994.

Language Note:

English

Summary:

High and persistent unemployment, as well as its composition, e.g., high youth unemployment, suggests underlying structural problems in the French labor market. Comparisons with other industrial countries, as well as time series and cross-section empirical evidence, point to a number of potential causes of structural unemployment in France. These Include the generosity of long-term relative to short-term unemployment benefits, the minimum wage, the level of employers’ tax wedge, skills mismatch, and the cost of capital. The paper assesses recent labor market measures in France that are considered, on the whole, as a step in the right direction, and puts forward a number of additional possible measures which could help to ensure that when the economic recovery gathers pace, unemployment will decline more quickly and more substantially than in the past.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Description based on print version record.

ISBN:

9781455265626

1455265624

9781462381296

1462381294