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N° 2002-11 |
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| October |
| Demographic Evolutions and Unemployment:
an Analysis of French Labour Market with Workers Generations |
Jean Chateau
Jean-Louis Guérin
Florence Legros |
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| This paper describes a segmented matching
labour market model with generations of workers. This model is calibrated
on French data. The results refute the usual idea, according to which a
decrease in labour supply leads to a decrease in unemployment. The combination
of pure demographic effects with scalwedge effects due to the increase in subscription
rates lead to a serious rise of the unemployment rate. Various alternative
specifications are also studied such as an increase of work duration or
a lowering in replacement rates. |
Abstract |
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| Ageing, Unemployment, Matching Model,
Social Security |
Keywords |
| J1, J41, J64, E24, H55 |
JEL classification |
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