We use information on a French loan guarantee program in order to assess the consequences of credit constraints for new ventures. Loan Guarantee Programs, as implemented in France, are an effective instrument to help young firms grow faster, both in terms of employment and capital. These effects...

This article assesses the impact of the first payroll tax reductions implemented in France in the 90s on the wage dynamics of low-income employees. Since these policies represent a net transfer from the State to the employer/employee match, they are unlikely to lead to wage reductions for...

Eurostat regularly issues GDP per capita statistics in purchasing power standards, for member countries of the European Union. This paper aims at recalling the main methodological elements used in order to compute these statistics, at presenting their interest and their limits. We highlight the...

In this study, we quantify the amount of redistribution that is performed by the French public pension system, using Insees dynamic microsimulation model DESTINIE. We more precisely focus on two issues: to what extent does the pension system reduce variability within the distribution of pensions...

Insurance coverage against natural disasters remains low in many exposed areas. Limited insurance supply is commonly identified as a primary factor causing low insurance coverage. The French overseas departments provide an unusual combination of a well-developed natural disasters insurance...

The International Labour Organization (ILO) defines unemployed population as the persons who are not in employment, immediately available to work and who actively look for a job. At INSEE, the mean of the ILO unemployment rate is computed at a quarterly frequency using the Labour Force Survey...

The importance of the stimulus packages that were injected in most advanced economies from the start of the financial crisis and the speed at which budgets are now being consolidated in Europe has revived the long-lasting debate on the size of fiscal multipliers. In this study, we focus on...

In metropolitan France, in the absence of a child, only those aged 25 and older are eligible to the minimum income (called RSA since June 2009, or RMI before that date). This article assesses whether the RMI or the RSA discourages young people to work. If this was indeed the case, we should...

Potential growth estimates and forecasts generally rely on a decomposition of GDP growth into three production factors: the volume of labour, the volume of capital and a residual term called multifactor productivity (MFP). This residual term is often considered as the contribution to growth of...

We estimate the value of French domestic production in 2010, using the input method. We describe productive activities not currently covered by the system of national accounts (SNA) in a household satellite account (HHSA), following the recommendations of Eurostat. In line with previous studies...