France: Selected Issues

International Monetary Fund

No 2000/148, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A comprehensive reform of the personal income tax has been assessed. This paper analyzes the expansion of high-tech activities, and reviews a number of policy issues connected with the development of an information and communication technology-based new economy.

Keywords: ISCR; CR; firm; labor market flexibility; unemployment rate; productivity growth; labor market gap; labor market policy; Personal income tax; Productivity; Corporate income tax; Income tax systems; Income and capital gains taxes; Europe (search for similar items in EconPapers)
Pages: 53
Date: 2000-11-13
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