01731cas a2200253 a 4500 AALejournalIMF009190 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451865615 1018-5941 BD-DhAAL BD-DhAAL Cahuc, Pierre. The Shortcomings of a Partial Release of Employment Protection Laws : The Case of the 2005 French Reform / Pierre Cahuc, Stephane Carcillo. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (40 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 This paper proposes an ex ante evaluation of the effects of new labor contracts such as the "Contrat Nouvelle Embauche" (CNE) introduced in France in 2005. The lessons we draw are of sufficiently general interest to be applicable to other countries or reforms of employment protection laws. Using a model that captures the characteristics of the French labor market, we simulate the effects of this reform on unemployment, employment, and welfare. We estimate that the CNE will lead to the creation of 70,000 additional jobs in the long run, but at the cost of a slight deterioration in welfare. Mode of access: Internet Carcillo, Stephane. IMF Working Papers; Working Paper ; No. 2006/301 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/301/001.2006.issue-301-en.xml IMF e-Library