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In general, empirical studies having evaluated with firm individual data the effects of structural labour market reforms in European countries do not reach unambiguous conclusions. In particular, they find that reforms increasing incentives to lower the number of temporary labour contracts do...
Persistent link: https://www.econbiz.de/10004998818
This study investigates the impact of minimum wage (SMIC) increases on the average wage in France. We use two series of average wage: the average hourly blue-collar wage rate (SHBO) and the average wage per capita (SMPT). We combine these series with aggregate data for the overall economy over...
Persistent link: https://www.econbiz.de/10009651284
Hourly labour productivity levels in a number of European countries are thought to be very close to, or possibly even higher than the level 'observed' in the United States. At the same time, however, there are big differentials between hours worked and/or employment rates in these countries and...
Persistent link: https://www.econbiz.de/10005056507
The recent empirical literature that uses Structural Vector Autoregressions (SVAR) has shown that productivity shocks identified using long--run restrictions lead to a persistent and significant decline in hours worked. This evidence calls into question standard RBC models in which a positive...
Persistent link: https://www.econbiz.de/10005056535
Le partage de la valeur ajoutee en France et en Allemagne a connu d'importantes inflexions durant les 30 dernieres annees qui peuvent etre reliees aux fluctuations des termes de l'echange, a la progression du chomage ou encore a l'evolution des taux d'interet. Apres avoir derive une equation de...
Persistent link: https://www.econbiz.de/10005036183