Coût du travail et emploi des jeunes
Abstract[eng] It is sometimes said that, in France, the extent of relative youth unemployment is due to the fact that there are no institutional methods, without considering the wide range of unemployment policies, that would enable to disconnect youth labour cost from adult labour cost. Such a disconnection may appear to be necessary in order to compensate for lower productivity, stemming from inexperience and a lack of training. The aim of this study is to give some elements to evaluate the macro- economic effects on may expect from a lowering of youth labour cost through a youth minimum wage or a specific reduction of employer's social contributions for young employed persons. Going through the theorical and empirical littÃ©rature gives the impression of a lot of uncertainties : empirical studies do not give precise answers to problems that are not solved by the theory regarding the impacts on employment and youth employment of the minimum wage. Empirical studies, curried out upon both North America and France, show results having poor robustness or even contradictory conclusions, especially concerning the present period. The present evaluation relies on the hypothesis of an elasticity of substitution between production factors (labour, capital but also between categories of the working population) equals to one. Our results confirm that the impact of both measures could be large as far as employment is concerned. Even if there is no massive solution to the nowadays worrying situation of the labour market, it seems that employment, especially youth employment, should be strongly stimulated. However, our results indicate that the total number of job creations is always less numerous than that of job creations for young persons. It means that the studied policies, even if they may improve the youth labour market, may have be detrimental for the adult labour market which would face job destructions. [fre] L'importance du chÃ´mage relatif des jeunes, en France, est parfois a
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue de l'OFCE.
Volume (Year): n° 56 (1996)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://www.cairn.info/revue-de-l-ofce.htm
Other versions of this item:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Paul Ryan, 2001. "The School-to-Work Transition: A Cross-National Perspective," Journal of Economic Literature, American Economic Association, vol. 39(1), pages 34-92, March.
- Hervé Le Bihan, 1998. "L'impact de la réduction des cotisations employeurs : quelques jalons macroéconomiques," Revue de l'OFCE, Programme National Persée, vol. 66(1), pages 171-198.
- Anonymous or collective, 1998. "La demande des entreprises sur le marché des biens et le marché du travail," Économie et Prévision, Programme National Persée, vol. 134(3), pages 1-19.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.