wage when they are spread over a large range of wages in order to avoid specialization in low productivity jobs. …Phelps (1994) presented the case for a low-wage subsidy policy. Since the mid-1990s, France has experimented with this … strategy. This paper evaluates the e®ect of this policy on employment and also on output and welfare. We construct an …

This paper studies the effect of changes in the employment rate on labour productivity per hour, taking an empirical … changes in the employment rate structure from those of changes in the qualification structure. With the results obtained, we … practice with respect to employment rate structure and qualification level. It appears that the two effects are more or less of …

This paper evaluates the role of economic geography in explaining regional wages in China. It investigates the extent … dynamics in China. We investigate three channels through which market access might influence wages beside direct transport …

China is a big country in terms of biotech achievements. It is also a rare country demonstrating crop …

This article investigates the impact that the appreciation and the stability of the real exchange rate in China between … 1993 and 2001 have exerted on productivity growth. We give theoretical arguments explaining the impact of the real exchange … rate on productivity via its effects either on efficiency growth or on technical progress. Then for the twenty-nine Chinese …

shared between firms and workers. This is done through analysing the sign of various OJT variables and different wage …

taking into account two channels: the evolution of the wage game described in Burdett and Mortensen (1998), and the evolution … of the workers'productivity within a match. The model considers three age groups, the juniors, the adults and the seniors …. Using US data, we show that these two channels allow to reproduce quite well the aggregated wage distribution as well as the …

This chapter examines the relations between training, skills, credentials and the wage in France, Spain and the United …

inflation, both as an objective and as an intermediate instrument. We want to show that other variables like employment can be … that they can be function of employment only, which then dominates inflation for use in the policy rule. …