MALINVAUD, Edmond - In: Annales d'Economie et de Statistique (2002) 66, pp. 41-80
It is often argued that present practices in evaluating employment effects of decreases in the cost of unskilled labor lead to under-estimations: an aggregation bias is ignored when microeconometric estimations are transposed. A model in which appear two elasticites of substitution, one in...