Early-Retirement Programs and Wage Restraint: Empirical Evidence from France

David Gray

Working Papers from University of Ottawa, Department of Economics

Abstract: Labour-force withdrawal program are an important unemployment policy instrument for certain governments in continental Europe. Two widely used interventions are government subsidised early-retirement programs and reduced working-time regulations. Most economists, however, have cast doubts concerning their efficacy in combatting unemployment, in part because the reduced labour force renders wages more resilient. The basic objective of this paper is to examine that wage-resiliency proposition using the application of the early-retirement program in France over the period 1984-1986.

Keywords: RETIREMENT; WAGES; COLLECTIVE BARGAINING (search for similar items in EconPapers)
JEL-codes: J23 J26 J31 J51 (search for similar items in EconPapers)
Pages: 38 pages
Date: 1999
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Early Retirement Programs and Wage Restraint: Empirical Evidence from France (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ott:wpaper:9905e

Access Statistics for this paper

More papers in Working Papers from University of Ottawa, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Aggey Semenov ().