Lubrano, Michel; Shadman-Mehta, Fatemeh; Sneessens, Henri R - In: Empirical Economics 21 (1996) 3, pp. 427-57
This paper examines the determinants of equilibrium wage and unemployment rates in Belgium within the framework of a quantity rationing, right-to-manage model with decentralised wage setting. Empirical results are obtained by first using the Johansen maximum-likelihood procedure for the analysis...