The Role of Institutions in Transatlantic Employment Differences: A Life-Cycle View

Arnaud Cheron, Jean-Olivier Hairault and Francois Langot

Annals of Economics and Statistics, 2009, issue 95-96, 121-138

Abstract: Our objective in this paper is to show, by adopting a life-cycle unemployment equilibrium approach, that labor market institutions such as unemployment benefits, employment protection and mandatory retirement age have an age-differentiated impact which can explain age-differentiated employment gaps between the US and French economies. Whereas the employment rates are quite similar for middle-aged workers, weaker rotations on the labor market lead to lower employment rates for younger workers. Moreover, the closer to 60 the retirement age, the lower the employment rate for workers aged between 50 and 59.

Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.jstor.org/stable/27917406 (text/html)

Related works:
Working Paper: The role of Institutions in Transatlantic Employment Differences: A Life-Cycle View (2009)
Working Paper: The role of Institutions in Transatlantic Employment Differences: A Life-Cycle View (2009)
Working Paper: The role of Institutions in Transatlantic Employment Differences: A Life-Cycle View (2009)
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:adr:anecst:y:2009:i:95-96:p:121-138

Access Statistics for this article

Annals of Economics and Statistics is currently edited by Laurent Linnemer

More articles in Annals of Economics and Statistics from GENES Contact information at EDIRC.
Bibliographic data for series maintained by Secretariat General () and Laurent Linnemer ().