IMF Staff Country Reports

France: Selected Issues

November 7, 2005

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France: Selected Issues, (USA: International Monetary Fund, 2005) accessed November 21, 2024

Summary

This Selected Issues paper analyzes the recent French inflation behavior. The paper demonstrates that the recent change in French headline inflation behavior resulted from a few idiosyncratic, i.e., transient, factors. The paper describes the model setup and calibration of some crucial economic relations and parameters. The level of competition in labor and product markets in France and the other EU countries is discussed, including the size of markups. The paper also looks into the economic impact of increasing competition in each market separately and the advantages of coordinating reforms within the euro area.

Subject: Employment, Employment protection, Inflation, Labor, Labor markets, Prices, Unemployment, Unemployment rate

Keywords: Core inflation, CR, Employment, Employment protection, Europe, Global, Inflation, Inflation behavior, ISCR, Labor market, Labor markets, Price change, Searching worker meet, Underlying inflation, Unemployment, Vis-à-vis alternative measures, Worker, Worker move

Publication Details

  • Pages:

    70

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2005/397

  • Stock No:

    1FRAEA2005003

  • ISBN:

    9781451813654

  • ISSN:

    1934-7685