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The first part of the text is devoted to an assessment of the influence of the introduction of performance contracts in the Public Employment Service (PES) in France. It shows that this management technique (“contractualism”) had a very marginal impact in the period considered (1990-2003)....
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The long-term equilibrium unemployment rate has returned to the center of the economic debate in France. It derives … compute a long-term equilibrium unemployment rate that depends, in France, on the terms of trade, the employer social …
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challenges this proposition. He shows in a rigorous manner that employment subsidies can indeed lead to lower unemployment and … simultaneously addressing structural unemployment and inequality. …
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