calculating the pension saved during a working life and the pension dis-saved after retirement. The findings show that there are …

to the reference value around 4.5%. As a result of the policy, during the last ten years unemployment in France was twice …A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF …. The relationship obtained for France is characterized by A0=-1, A1=4, A2=0.095, t0=4 years, and t1=4 years. For GDP …

In France, the pattern of old age pension is characterized by a tax on continued activity, which distorts labour market … participation towards a retirement age far below the one that would prevail in an optimal environment. This tax on continued … activity would disappear with an actuarially fair system that links replacement rates to retirement age. However, by definition …

unemployment. This paper argues that this ratio is actually a Pi:1 proportion, heretofore unrecognized because it is displayed …