Austérité budgétaire et flexibilisation du marché du travail: une association risquée

Les auteurs évaluent les effets de l'association entre politiques d'austérité budgétaire et de réduction du coût du travail, et apportent ainsi quelque éclairage sur les débats en cours. Ils s'attaquent au problème de l'agrégation dans une perspective mondiale au moyen d'un macromodèle mettant en évidence la dynamique de la répartition. La flexibilisation réduit la part salariale et entraîne des rétroactions qui s'enchaînent dans une spirale descendante avec une contraction de l'activité, même dans les économies tirées par les exportations. Les gains initiaux de compétitivité se révèlent éphémères. Sur le long terme, les salaires sont les premiers moteurs de l'économie mondiale, qui réagit positivement aux stimuli keynésiens coordonnés.     

Mesurer les coǔts de licenciement: de l'intérět des méthodes directes

Les coǔts de licenciement, ainsi que l'appareil législatif et réglementaire régissant les relations professionnelles, sont souvent blǎmés pour les mauvaises performances du marché du travail. Toutefois, les études théoriques et économétriques sur l'impact économique de ces coǔts ne sont pas concluantes. Par le passé, on s'est surtout intéressé aux hypothèses fonctionnelles et à l'incidence des divers paramètres, mais on a très peu analysé la qualité et la précision des méthodes de mesure de ces coǔts, dont dépendent pourtant la plupart des résultats en cette matière. L'auteur examine les méthodes de mesure directes et indirectes couramment utilisées en ce domaine, et soutient qu'il est essentiel d'employer les méthodes quantitatives directes, rarement utilisées par les chercheurs, pour compléter les méthodes de mesure indirectes auxquelles on a généralement recours. Ce point est illustré par les résultats d'un sondage expérimental récemment mené en Australie.     

The relationship between different social expenditure schemes and poverty,inequality and economic growth

In this article, we study how social expenditure is related to poverty, income inequality and GDP growth. Our main contribution is to disentangle these relationships by the following social expenditure schemes: 1) “old age and survivors”, 2) “incapacity”, 3) “health”, 4) “family”, 5) “unemployment and active labour market policies” and 6) “housing and others”. For this purpose, we employ OLS and 2SLS regression models using a panel data set for 22 Member States of the European Union from 1990 until 2015. We find total public social expenditure to be negatively related to poverty and inequality, but not related to GDP growth. The results vary substantially between the different social expenditure schemes, which makes more accurate targeting possible.     

Work/life balance policy in Germany: Promoting equal partnership in families

Across the OECD, public policies seek to support parents in achieving their desired work/life balance. This article introduces the background to and issues at stake in promoting equal partnerships in families in Germany. Families in Germany face considerable challenges to spending more time together and achieving a more gender‐balanced reconciliation of work and family life, as paid work hours for fathers are long on full‐time jobs and many women are in part‐time jobs. Family policy can play an important role and Germany has made substantial progress in supporting families ahead of and after the birth of a child. Important in this regard are the parental leave reforms of 2007 and 2015 and the extension of childcare supports that better enable fathers and mothers to combine work and family commitments. The article assesses recent developments in family policies in Germany while also drawing from the experiences of countries with longstanding policies to support work/life balance and strengthen gender equality.     

Relation entre l'emploi des jeunes et l'emploi des seniors dans vingt pays de l'OCDE

S'appuyant sur la thèse selon laquelle il existerait un volume fixe d'emplois dans l'économie, beaucoup de pays de l'OCDE ont cherché à lutter contre le chômage, en augmentation depuis les années 1970, par des dispositifs favorisant les cessations d'activité anticipées. Or les études à l'échelle de l'OCDE font apparaître en réalité une corrélation positive entre l'emploi des jeunes et celui des travailleurs âgés. Cependant, comme la plupart des auteurs estiment des effets moyens, on dispose de relativement peu d'informations sur l'hétérogénéité de ce lien. L'auteure tente de combler cette lacune en étudiant cette hétérogénéité dans vingt pays de l'OCDE.     

How much do OECD countries spend on social protection and how redistributive are their tax/benefit systems?

The global economic crisis has reignited interest in social policy and public spending on different types of social benefits. Public social spending‐to‐GDP ratios are often used to consider the magnitude of welfare systems in international perspective, but such comparisons alone give an incomplete picture of social effort across countries. This article looks at these different factors, before briefly considering the redistributive nature of tax/benefit systems in different member countries of the Organisation for Economic Co‐operation and Development (OECD). The article also considers trends in social spending and compares spending in the late 2000s with the early 1990s when the previous economic crisis played out. The article ends by illustrating the profound effect the recent global economic crisis had on social spending trends across OECD countries.     

Social security contributions: Economic and public finance considerations

Social security contributions make up around a fourth of total tax revenue in OECD countries. However, there are concerns on the economic effects of high levies on labour. Recent studies suggest that at least a third of taxes on labour are shifted onto employers, leading to higher wage costs. We find substantial evidence in the literature that the nature of social security contributions matters. With a clear connection between contributions and rights, the employee will perceive this contribution as a price and not as a tax. As a consequence, these contributions will be less distortive in terms of labour supply, wage costs and private savings.     

Effective retirement age from employment and full‐time employment,and the impact of the 2008 crisis

Estimates of effective retirement age based on labour force participation rates are commonly used for actuarial experience review and policy development. However, the transition from work to retirement and the socio‐economic environment have evolved over the years, influenced by a growing role for gradual retirement and the labour market impact of the 2008 economic crisis. Rather than focusing exclusively on retirement ages based on labour force participation rates, this article presents complementary estimates of retirement ages to better assess the effective retirement age from employment. It also introduces the concept of retirement from full‐time employment, showing that the retirement age from full‐time employment is systematically lower than the retirement age from employment. The results reveal that the trend towards an increase in the retirement age has been impacted by economic conditions when considering the effective employment of older workers. Results are presented for different Member countries of the Organisation for Economic Co‐operation and Development over the period 2005–2015.     

Has the redistributive effect of social transfers and taxes changed over time across countries?

In most Member countries of the Organisation for Economic Co‐operation Development (OECD), the income gap between rich and poor has widened over the past decades. This article analyses whether and to what extent income taxes and social transfers have contributed to this trend. Has the redistributive impact of different social programmes changed over time? We use microdata from the LIS Cross National Data Center in Luxembourg for the period 1982–2014 and study both the total population and the working‐age population. In contrast to the results of some other studies, especially by the OECD, we do not find that redistribution has declined. Tax‐benefit systems around 2013 are more effective at reducing income inequality compared to the mid‐1980s and the mid‐1990s, especially among the total population. Changes in social programmes are not a driver of greater income inequality across the countries included in this study.