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French unemployment: a transatlantic perspective

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Author Info
Daniel Cohen
Arnaud Lefranc
Gilles Saint-Paul

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Abstract

The paper compares the French and US labour markets. It shows that differences in unemployment rates are especially acute for young and old workers, but appear to be negligible for middle-aged workers. All French workers, however, experience job flows that are quite distinct from their American counterparts as they are exposed to long spells of infrequent unemployment, which is the opposite to the US case. Critical differences across ages and skills regarding the patterns of exit from and entry into employment are also displayed. The paper dispels the view that these differences originate from the behaviour of the unemployed (or the set of institutions that guide their decisions), and that this is new to the French labour market. Copyright Centre for Economic Policy Research, Centre for Economic Studies, Maison des Sciences de l'Homme 1997.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/1468-0327.00022
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Publisher Info
Article provided by CEPR, CES, MSH in its journal Economic Policy.

Volume (Year): 12 (1997)
Issue (Month): 25 (October)
Pages: 265-292
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Handle: RePEc:bla:ecpoli:v:12:y:1997:i:25:p:265-292

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  1. Arnaud Chéron & Jean-Olivier Hairault & François Langot, 2008. "A Quantitative Evaluation of Payroll Tax Subsidies For Low-Wage Workers : An Equilibrium Search Approach," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00270295_v1, HAL. [Downloadable!]
    Other versions:
  2. Alfonso Rosolia & Gilles Saint Paul, 1998. "The Effect of Unemployment Spells on Subsequent Wages in Spain," Economics Working Papers 295, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  3. Arnaud Lefranc, 2000. "Wage Losses of Displaced Workers in France and the US?," Econometric Society World Congress 2000 Contributed Papers 1566, Econometric Society. [Downloadable!]
  4. Jochen Kluve & Sandra Schaffner & Christoph M. Schmidt, 2009. "Labor Force Status Dynamics in the German Labor Market - Individual Heterogeneity and Cyclical Sensitivity," Ruhr Economic Papers 0139, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen. [Downloadable!]
  5. Saint-Paul, Gilles, 2009. "Does the Welfare State Make Older Workers Unemployable?," IDEI Working Papers 569, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
  6. Angel Calderon Madrid, 2000. "Job Stability and Labor Mobility in Urban Mexico: A Study Based on Duration Models and Transition Analysis," RES Working Papers 3117, Inter-American Development Bank, Research Department. [Downloadable!]
  7. Chen, Yu-Fu & Snower, Dennis & Zoega, Gylfi, 1999. "Firing Costs: Eurosclerosis or Eurosuccesses?," Discussion Paper Series 26177, Hamburg Institute of International Economics. [Downloadable!]
  8. repec:ese:iserwp: is not listed on IDEAS
  9. Gerard J. van den Berg & A. Gijsbert & C. van Lomwel & Jan C. van Ours, 1998. "Unemployment Dynamics and Age," Tinbergen Institute Discussion Papers 98-116/3, Tinbergen Institute. [Downloadable!]
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  10. Schmidt, Christoph M, 1999. "Persistence and the German Unemployment Problem: Empirical Evidence on German Labour Market Flows," CEPR Discussion Papers 2057, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  11. Arnaud Lefranc, 2003. "Labor Market Dynamics and Wage Losses of Displaced Workers in France and the United States," William Davidson Institute Working Papers Series 2003-614, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    Other versions:
  12. Roed,K. & Nordberg,M., 2000. "Have the relative employment prospects for the low-skilled deteriorated after all?," Memorandum 19/2000, Oslo University, Department of Economics. [Downloadable!]
    Other versions:
  13. Gilles Saint-Paul, 1999. "Assessing the political viability of labor market reform : the case of employment protection," Review, Federal Reserve Bank of St. Louis, issue May, pages 73-87. [Downloadable!]
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  14. Giulio Fella, 2007. "Optimal Severance Pay in a Matching Model," Working Papers 07-02, Utrecht School of Economics. [Downloadable!]
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  15. ZENOU, Yves, 1999. "Agglomeration economies in European and American cities," CORE Discussion Papers 1999002, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
  16. Christoph M. Schmidt, 1999. "The Heterogeneity and Cyclical Sensitivity of Unemployment: An Exploration of German Labor Market Flows," IZA Discussion Papers 84, Institute for the Study of Labor (IZA). [Downloadable!]
  17. Roed,K., 1999. "Relative unemployment rates and skill-biased technological change," Memorandum 38/1999, Oslo University, Department of Economics. [Downloadable!]
  18. Roed,K. & Zhang,T., 1999. "What hides behind the rate of unemployment? : micro evidence from Norway," Memorandum 07/1999, Oslo University, Department of Economics. [Downloadable!]
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  19. Chéron, Arnaud & Hairault, Jean-Oliver & Langot, François, 2004. "Labor Market Institutions and the Employment-Productivity Trade-Off: A Wage Posting Approach," IZA Discussion Papers 1364, Institute for the Study of Labor (IZA). [Downloadable!]
  20. Combes, Pierre-Philippe & Duranton, Gilles & Gobillon, Laurent, 2004. "Spatial Wage Disparities: Sorting Matters!," CEPR Discussion Papers 4240, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  21. Cohen, Daniel, 1999. "Welfare Differentials Across French and US Labour Markets," CEPR Discussion Papers 2114, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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