The Shortcomings of a Partial Release of Employment Protection Laws: The Case of the 2005 French Reform

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 prot...

Full description

Saved in:
Bibliographic Details
Main Author: Cahuc, Pierre (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2006
Series:IMF Working Papers Working Paper No. 06/301
Online Access:UBW01
UEI01
LCO01
SBR01
UER01
SBG01
UBG01
FAN01
UBT01
FKE01
UBY01
UBA01
FLA01
UBM01
UPA01
UBR01
FHA01
FNU01
BSB01
TUM01
Volltext
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
Physical Description:1 Online-Ressource (40 p)
ISBN:1451865619
9781451865615

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text