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What would be the counterfactual wage of civil servants if they were employed in the private sector? Using the French European Household panel, we present a new approach to the wage differential between the public and the private sectors. We estimate a model, which controls both for selection...
Persistent link: https://www.econbiz.de/10009003483
A specific attention is devoted to the 55+ age group when building global labour force projections regularly updated by Insee. This requires taking into account individual heterogeneity, because the impact of pension reforms on behavior is potentially very different across individuals. For...
Persistent link: https://www.econbiz.de/10009151030
While a new retirement pension reform is currently discussed in France, it is crucial to evaluate previous reforms. Up to now, no evaluation of the 2003 reform is available, particularly for civil servants. This article deals with the impact of this reform on the retirement behaviour of public...
Persistent link: https://www.econbiz.de/10008539957
This paper presents some empirical evidence on the French labor market focusing on transitions between stable jobs, temporary work, unemployment and non-participation. The model used is based on a Markov chain mixture which allows to distinguish labor market histories that are confined to...
Persistent link: https://www.econbiz.de/10008539984
The financial crisis originated in the United States in 2007 and, then, spread in all the economies of the world. After a drop in activity of historic magnitude, first signs of recovery were recorded in 2009. However, our study of previous banking crises that have taken place in OECD countries...
Persistent link: https://www.econbiz.de/10008466039