Behaghel, Luc; Crépon, Bruno; Sédillot, Béatrice - Département Sciences Sociales, Agriculture et … - 2008
French firms laying off workers aged 50 and above have to pay a tax to the unemployment insurance system, known as the Delalande tax. We evaluate the impact of this tax on layoffs as well as on hiring, taking advantage of several changes in the measure since its introduction in 1987. A...