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The staff report gives details of some selected issues of France, namely its credit developments, systematic linkages … developments of France's external competitiveness, and also the evolution of its export performance after the 2008 financial crisis …
Persistent link: https://www.econbiz.de/10014403551
Data on the weekly operating time of capital improve the measurement of effective capital input in production. The production function of the French business sector is found to be consistent with a Cobb-Douglas technology under constant returns to scale. Total factor productivity growth,...
Persistent link: https://www.econbiz.de/10014403881
The export performance of the French economy relative to its own past and relative to a major trading partner, Germany, has deteriorated. The risk analysis indicates that French firms have seen a significant improvement in the corporate health, and seem resilient to the recent financial shock...
Persistent link: https://www.econbiz.de/10014404491
Persistent link: https://www.econbiz.de/10014404605
U.S. shocks explain a large part of French output common components. This paper analyzes the economic implications of two alternative welfare financing reforms: a reduction in payroll taxes funded by an increase in consumption taxes, and the other funded by a new levy on business value added....
Persistent link: https://www.econbiz.de/10014404706
France’s economic short-term outlook is positive, and long-term prospects have improved. Fiscal adjustment remains high …
Persistent link: https://www.econbiz.de/10014404839
This 2009 Article IV Consultation highlights that the global financial crisis and the contraction of world trade have pulled the French economy into a severe recession and put its financial sector under strain. Structural features combined with early policy action have helped soften the...
Persistent link: https://www.econbiz.de/10014406677
This Selected Issues paper on France underlies public intervention in financial markets. Econometric analysis indicates … counterfactual exercise suggests that a lower return to experience could be responsible for lower early wage growth in France …. Increased training could enhance the employment experience of the low-skilled young worker in France provided that its cost is …
Persistent link: https://www.econbiz.de/10014406928
This cross-country paper explains differences in external sector performance among four large euro area countries—France …
Persistent link: https://www.econbiz.de/10014407076
This Financial System Stability Assessment on France reviews the institutional and regulatory framework. Consolidation …
Persistent link: https://www.econbiz.de/10014407098