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Le ralentissement des gains de productivité par tête observé depuis la fin des années 80 en Europe, et notamment en France, est susceptible de plusieurs types d'interprétations. Il pourrait refléter un tassement des gains de la productivité globale des facteurs, une substitution des...
Persistent link: https://www.econbiz.de/10004985492
Economic theory considers economic growth and wage costs as crucial determinants in the process of job creation. In this paper, we try to quantify the relationship that exists between these variables in Belgium. Our objective being mainly the use of the empirical model for forecasting purposes,...
Persistent link: https://www.econbiz.de/10005008068
distributed, I show that even though deregulation in labour markets raises the aggregate level of employment and the average real …
Persistent link: https://www.econbiz.de/10005008079
There is plenty of individual-level evidence, based on the estimation of Mincerian equations, showing that better-educated individuals earn more. This is usually interpreted as a proof that education raises labour productivity. Some macroeconomists, analysing cross-country time series, also...
Persistent link: https://www.econbiz.de/10010690401
Our paper studies two attempts at integrating unemployment in macroeconomics. The first, due to Diamond, consists in a search model exhibiting multiple equilibria. The second is due to Andolfatto and Merz who, more or less simultaneously, were able to integrate the matching function in RBC...
Persistent link: https://www.econbiz.de/10010775654
of finding a job. These results imply that neglecting labor market frictions and employment rate changes may seriously …
Persistent link: https://www.econbiz.de/10008674348
considered. Second, altough the number of unqualified workers hired decreases along with the total employment, the wage bill can …
Persistent link: https://www.econbiz.de/10008505544
This paper offers an analysis of the optimality of unemployment benefits based on the concept of no-envy. Using a general equilibrium framework whit uncertainty, we derive the conditions for a trade-off between the intensity of envy and the expected percentage of envious persons. If the...
Persistent link: https://www.econbiz.de/10004985082
heterogeneity. We also take into account that there might be feedback from shocks in the employment status to future propensity of … receiving firm-provided training. We find that firm-provided training significantly increases future employment prospects. This …
Persistent link: https://www.econbiz.de/10009019031
This paper explores whether the agglomeration of human capital leads to social employment advantages in urban labor … employment opportunities of individuals located in urban areas in which the level of education differs. Results show that … employment opportunities are higher on average in skilled urban areas. Three explanations have been offered: human capital …
Persistent link: https://www.econbiz.de/10009019033