The Resource Contours of employment protection reform, [by] Olivier Blanchard [and] Jean Tirole., (electronic resource)

Contours of employment protection reform, [by] Olivier Blanchard [and] Jean Tirole., (electronic resource)

Label
Contours of employment protection reform
Title
Contours of employment protection reform
Statement of responsibility
[by] Olivier Blanchard [and] Jean Tirole.
Creator
Contributor
Provider
Language
eng
Summary
Starting with a simple benchmark, we first derive the characteristics of optimal employment protection. In the benchmark, employment protection takes the form of layoff taxes, used to finance unemployment benefits. We then consider a number of extensions, and show how this principle must be modified and refined, but not abandoned. We then turn to the employment protection system in place in France today, and show that it differs from this principle in two main dimensions. First, contributions by firms to the unemployment insurance fund take the form of payroll taxes rather than layoff taxes. Second, the layoff process is subject to heavy administrative and judicial control. This leads us to make two main recommendations for reform: The introduction of a layoff tax, with a corresponding decrease in the payroll tax; and a reduced role of the judicial system in the layoff process. Keywords: employment protection, severance payments, layoffs, layoff taxes, unemployment insurance, unemployment contributions. JEL Classifications: J30, J32, J38, E62, H21
Member of
Additional physical form
Abstract in HTML and working paper for download in PDF available via World Wide Web at the Social Science Research Network.
Cataloging source
MYG
http://library.link/vocab/creatorName
Blanchard, Olivier
Index
no index present
Literary form
non fiction
Nature of contents
  • bibliography
  • technical reports
http://library.link/vocab/relatedWorkOrContributorName
  • Tirole, Jean
  • Massachusetts Institute of Technology
  • Internet Archive
Series statement
Working paper series / Massachusetts Institute of Technology, Dept. of Economics
Series volume
working paper 03-35
Label
Contours of employment protection reform, [by] Olivier Blanchard [and] Jean Tirole., (electronic resource)
Instantiates
Publication
Note
"November 1, 2003."
Bibliography note
Includes bibliographical references (p. 40-41)
Dimensions
28 cm.
Extent
41 p.
Specific material designation
remote
System control number
  • (OCoLC)55214958
  • (CaSfIA)contoursofemploy00blan
  • (CaSfIA)001259067
Label
Contours of employment protection reform, [by] Olivier Blanchard [and] Jean Tirole., (electronic resource)
Publication
Note
"November 1, 2003."
Bibliography note
Includes bibliographical references (p. 40-41)
Dimensions
28 cm.
Extent
41 p.
Specific material designation
remote
System control number
  • (OCoLC)55214958
  • (CaSfIA)contoursofemploy00blan
  • (CaSfIA)001259067

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