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[eng] France is one of the most dramatically concerned with high unemployment amongst European countries. This is true regardless of whether one looks at aggregate unemployment rates, at shares of unemployed workers in the total labor force, or at uderemployment rates (that take account of...
Persistent link: https://www.econbiz.de/10008613840
This study examines the set of interdependences between the formation of wages, prices and the minimum wage (SMIC) through a vectorial error correction model estimated on French quarterly macroeconomic data covering the 1970-1/1999-4 period. Two periods are distinguished: the period of inflation...
Persistent link: https://www.econbiz.de/10005511439
Unemployment in France rose steadily from the early-seventies to the mid-eighties. Since the mid-eighties it has continued to experience fluctuations around a very high average level. Equilibrium unemployment theories are a useful framework within which to account for these developments. A...
Persistent link: https://www.econbiz.de/10005260547
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