TY - BOOK ID - 101239371 TI - France : Selected Issues. PY - 2016 SN - 1498361234 1498361021 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Unemployment KW - Labor supply KW - Effect of taxation on. KW - Taxation KW - Banks and Banking KW - Labor KW - Macroeconomics KW - Industries: Financial Services KW - Public Finance KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Personal Income and Other Nonbusiness Taxes and Subsidies KW - Unemployment: Models, Duration, Incidence, and Job Search KW - Employment KW - Wages KW - Intergenerational Income Distribution KW - Aggregate Human Capital KW - Aggregate Labor Productivity KW - Financial Institutions and Services: General KW - Unemployment Insurance KW - Severance Pay KW - Plant Closings KW - Labour KW - income economics KW - Banking KW - Welfare & benefit systems KW - Finance KW - Public finance & taxation KW - Labor taxes KW - Global systemically important banks KW - Taxes KW - Financial institutions KW - Unemployment benefits KW - Expenditure KW - Banks and banking KW - Income tax KW - Economic theory KW - Financial services industry KW - Unemployment insurance KW - France KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:101239371 AB - This Selected Issues paper examines the causes and potential remedies for structural unemployment in France. Structural unemployment in France has long been elevated, and appears to have edged up further since the crisis. This reflects both demand and supply factors, including: high labor taxes, wage stickiness, a growing skill gap, hysteresis effects from the crisis years, a lengthy period of elevated economic uncertainty, inactivity traps created by the unemployment and welfare benefit systems, and demographic factors that have pushed up the labor force. The cyclical recovery is projected to bring down the unemployment rate only slowly. Reducing labor tax wedges can increase both output and employment. ER -