This paper re-examines the effects of population aging and pension reforms in an OLG model with labor market frictions. The most important feature brought about by labor market frictions is the connection between the interest rate and the unemployment rate. Exogenous shocks (such as aging)...

We build on the DSGE literature to propose an overlapping generation model for Luxembourg. By way of illustration, the model is then used to study the consequences of the ageing of the population and the potential effects of alternative macroeconomic policies.

We consider a segmented labor market characterized by a Shapiro-Stiglitz efficiency wage setting in both sectors. However, the primary sector and the secondary sector differ in the firing cost which induces a wage diffential. We suppose also a heterogeneous labor force characterized by the...

Cette étude vise à analyser le processus d’entrée sur le marché du travail au Cameroun, et la durée de transition de l’école au travail pour les jeunes scolarisés. Nous examinons ces deux modes de transition vers le marché du travail : du système scolaire ou bien de l’inactivité...

This research focuses on the gap between the last employment and the new job at the exit of unemployment in the "Sortants de l'ANPE" survey of ANPE/DARES (5 548 persons). Many people are downgrading because their skills level is higher than the level of the job's qualification (matching between...

La dégradation du marché du travail, importante en Europe, plus récente aux Etats-Unis, n’est ni purement conjoncturelle, ni propre aux seules économies développées. Des mouvements contrastés affectent au Nord comme au Sud les salaires et les emplois, en nombre et en qualité. Les...

We incorporate on-the-job search (OTJS) into a real business cycle model in order to study whether OTJS increases the cyclical volatility of unemployment and vacancies. The increased search of employed workers during expansions has two effects on the unemployed: it induces firms to openmore...

How Wisconsin has been successful in reducing jobless rate.