1.

Record Nr.

UNINA9910788519803321

Autore

Cahuc Pierre

Titolo

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

Pubbl/distr/stampa

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

ISBN

1-4623-7299-6

1-4527-4004-6

1-282-39163-1

9786613820068

1-4519-1014-2

Descrizione fisica

1 online resource (42 p.)

Collana

IMF Working Papers

Altri autori (Persone)

CarcilloStéphane

Soggetti

Labor contract - France

Job creation - France

Labor laws and legislation - France

Labor

Macroeconomics

Demand and Supply of Labor: General

Labor Contracts

Unemployment: Models, Duration, Incidence, and Job Search

Unemployment Insurance

Severance Pay

Plant Closings

Mobility, Unemployment, and Vacancies: Public Policy

Labor Force and Employment, Size, and Structure

Labor Economics: General

Labor Demand

Labour

income economics

Labor markets

Labor force

Unemployment

Job creation

Labor market

Labor economics

France



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"December 2006."

Nota di bibliografia

Includes bibliographical references (p. 39-40).

Nota di contenuto

""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""

Sommario/riassunto

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.