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flexibility of the labor market increases both the employment rate and the rate of participation in the labor force. A … conservative estimate suggests that if France were to make its labor markets as flexible as those in the US, its employment rate … would increase 1.6 percentage points, or 14% of the employment gap between the two countries. The estimated effects are …
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flexibility of the labor market increases both the employment rate and the rate of participation in the labor force. A … conservative estimate suggests that if France were to make its labor markets as flexible as those in the US, its employment rate … would increase 1.6 percentage points, or 14% of the employment gap between the two countries. The estimated effects are …
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