The general reduction of employer social contributions on low wages is the main employment policy in France with an annual expenditure of about 1 per cent of GDP. This study shows that low skilled jobs in services are the main beneficiaries of this measure. We estimate that removing the part of...

Les auteurs formalisent un modèle d'équilibre à deux composants : les négociations salariales et la recherche d'emploi afin d'apporter un éclairage nouveau sur la détermination des salaires en France. Trois déterminants essentiels sont pris en compte : productivité, compétition entre...

This article analyses the impact of public employment creation on private sector employment and unemployement. In a macroeconomic approach, the first section focuses on the crowding out effects of public jobs creation on private jobs creation. The effect is found to be large and significant by...

Analyse de l'impact de la création d'emplois publics sur la création d'emplois privés.

This paper provides a simple model which explains the choice between permanent and temporary jobs. This model, which incorporates important features of actual employment protection legislations neglected by the economic literature so far, reproduces the main stylized facts about entries into...

This paper analyzes the relation between public wage bills and public deficits in the OECD countries from 1995 to 2009. The paper shows that fiscal drift episodes, characterized by simultaneous increases in the GDP shares of public wage bills and budget deficits, are more frequent during booms...

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in France, unemployment rate has increased by 2 percentage...

We analyze the consequences of counseling provided to job seekers in a standard job search and matching model. It turns out that neglecting equilibrium effects induced by counseling can lead to wrong conclusions. In particular, counseling can increase steady state unemployment although counseled...