01827cas a2200241 a 4500 AALejournalIMF004135 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451863680 1018-5941 BD-DhAAL BD-DhAAL Zhou, Jianping. Reforming Employment Protection Legislation in France / Jianping Zhou. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (29 pages) IMF Working Papers <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 Over the last 15 years, the reforms of employment protection legislation (EPL) in European countries have mainly eased hiring and firing restrictions for temporary employment while leaving the strict EPL provisions for regular or permanent contracts unchanged. Recent reforms in France follow this pattern. Using a search-matching model, we argue that this type of partial reform is inefficient: easing restrictions on temporary jobs fosters both job creation and job destruction, but strict EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics of the specific labor market. Simulations of the model, calibrated for the French labor market, suggest that the job destruction effect is stronger, thus raising the unemployment rate. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2006/108 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/108/001.2006.issue-108-en.xml IMF e-Library