01544cas a2200241 a 4500 AALejournalIMF003289 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451813623 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. France : Selected Issues. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (103 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper on France underlies public intervention in financial markets. Econometric analysis indicates that in the long term, consumption tracks disposable income closely but is also affected by wealth effects. A counterfactual exercise suggests that a lower return to experience could be responsible for lower early wage growth in France. Increased training could enhance the employment experience of the low-skilled young worker in France provided that its cost is shared between the employer and the employee. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/346 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/346/002.2004.issue-346-en.xml IMF e-Library