Chelini, Michel-Pierre; Prat, Georges - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2011
chronic factor characterized by an excess of real wages compared to the labor productivity gains, a conjunctural factor … growth rate in productivity and by the inflation rate as well. The wages' elasticity with respect to price level appears to … variations of wages in France over the period of 1950-2008. On a theoretical level, the unemployment equation distinguishes a …