This paper shows that collateral constraints restrict firm entry and post-entry growth, even in the long-run. We use French administrative data and exploit cross-sectional variation in local house-price appreciation as shocks to the value of collateral available to homeowners. We control for...

Cette étude vise à analyser le processus d’entrée sur le marché du travail au Cameroun, et la durée de transition de l’école au travail pour les jeunes scolarisés. Nous examinons ces deux modes de transition vers le marché du travail : du système scolaire ou bien de l’inactivité...

Based on the methodology adopted by Eichengreen and Luengnaruemitchai (2004), Luengnaruemitchai and Ong (2005), Borensztein and al. (2006), and Eichengreen and al. (2006), this study analyse the development of local bond markets. We show that the development of bond markets is a phenomenon with...

Les travailleurs bénéficient de performances différentes sur le marché du travail en fonction de leur âge : le taux d'emploi exhibe une trajectoire en cloche en fonction de l'âge, tandis que le taux de chômage est continuellement décroissant. Au cours des dernières décennies, le taux...

This paper provides a detailed description of the professional transitions in early career. We use the French survey Formation et Qualification Professionnelle, that gives detailed information on qualification and education, but also a calendar of professional events between 1998 and 2003. We...

In this article, we study the impact of payroll tax subsidies for low-wage workers on various outcomes of the firms, including employment, in particular that of young and less skilled workers. We concentrate on the effects of the 1995 and 1996 tax cuts policies, which permit large decreases in...