L'horty, Yannick; Rault, Christophe - In: Journal of Applied Economics VI (2003) May, pp. 127-156
Unemployment in France rose steadily from the early-seventies to the mid-eighties. Since the mid-eighties it has continued to experience fluctuations around a very high average level. Equilibrium unemployment theories are a useful framework within which to account for these developments. A...