UID:
edocfu_9958077054302883
Format:
1 online resource (29 p.)
Edition:
1st ed.
ISBN:
1-4623-4678-2
,
1-4519-9440-0
,
1-282-44804-8
,
9786613821232
,
1-4519-0902-0
Series Statement:
IMF working paper ; WP/06/108
Content:
Over the last 15 years, the reforms of employment protection legislation (EPL) in European countries have mainly eased hiring and firing restrictions for temporary employment while leaving the strict EPL provisions for regular or permanent contracts unchanged. Recent reforms in France follow this pattern. Using a search-matching model, we argue that this type of partial reform is inefficient: easing restrictions on temporary jobs fosters both job creation and job destruction, but strict EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics of the specific labor market. Simulations of the model, calibrated for the French labor market, suggest that the job destruction effect is stronger, thus raising the unemployment rate.
Note:
"April 2006."
,
""Contents""; ""I. INTRODUCTION""; ""II. EMPLOYMENT PROTECTION LEGISLATION (EPL) IN FRANCE""; ""III. LITERATURE REVIEW""; ""IV. ANALYTICAL FRAMEWORK""; ""V. SIMULATION RESULTS""; ""VI. CONCLUDING REMARKS""; ""REFERENCES""
,
English
Additional Edition:
ISBN 1-4518-6368-3
Language:
English
