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To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for three sets of sectors....
Persistent link: https://www.econbiz.de/10010275663
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...
Persistent link: https://www.econbiz.de/10009445708
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...
Persistent link: https://www.econbiz.de/10005260547
We propose a new multivariate estimation of the ws-ps model on French macroeconomic data. Starting from a theoretical presentation of structural determinants of wage and price setting, we have estimated using a conditional var-ecm model, the relationships between unemployment rate, real labour...
Persistent link: https://www.econbiz.de/10008578362
Persistent link: https://www.econbiz.de/10001784331
Persistent link: https://www.econbiz.de/10001790857
In order to account for the evolution of employment at the macro-economic level, we have developed a model wherein employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for...
Persistent link: https://www.econbiz.de/10014062596
To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for three sets of sectors....
Persistent link: https://www.econbiz.de/10013319764
This paper examines the set of interdependences between the formation of wages, prices and the minimum wage (SMIC) through a vectorial error correction model estimated on French quarterly macroeconomic data covering the 1970-1/1999-4 period. Two periods are distinguished: the period of inflation...
Persistent link: https://www.econbiz.de/10013319774
The aim of this paper is to evaluate the employment effect of wage tax cuts in the four French departements d?outre mer (Guadeloupe, Guyana, La Réunion, Martinique). We are using an ad hoc theoretical model calibrated on administrative data sources. Our model distinguishes several skill levels...
Persistent link: https://www.econbiz.de/10011184130