Using several unique data sets on wage agreements at both industry and firm levels in France, we document stylized facts on wage stickiness and the impact of wage-setting institutions on wage rigidity. First, the average duration of wages is a little less than one year and around 10 percent of...

Using several unique data sets on wage agreements at both industry and firm levels inFrance, we document stylized facts on wage stickiness and the impact of wage-settinginstitutions on wage rigidity. First, the average duration of wages is a little less than one yearand around 10 percent of...

Using several unique data sets on wage agreements at both the firm- and the industry-levels in France, we examine the impact of typical European wage-setting institutions on the form and the degree of wage rigidity. We highlight different stylized facts concerning wage stickiness. First, in...

Traditional investment equations do not provide satisfactory results when recent years are included in the estimation period. After reviewing the traditional specifications of investment models, we estimate multi-regime FBCF equations for firms in West Germany, United States, France and Japan....

[eng] This paper presents a series for the user cost of capital for France between 1963 and 1984. The user cost depends on the capital goods' price, the taxation's effect and the interest rate on firm's loans. The ratio « user cost of capital/labor's cost », which has decreased between 1963...

[eng] This article surveys the économie platforms of the présent opposition parties and tries to estimate their macroeconomic impact. Thèse platforms put forward a tangible cutting down of the total tax revenue as percentage of GDP focussing on corporate taxes. At the same time, public...

[eng] The Reaction Functions of the German, French and English Monetary Authorities Virginie Coudert, Sanvi-Avouyi Dovi, Michel Boutillier, Richard Topol In the achievement of economic policy objectives, one of the key instruments of the national monetary authorities is the setting of the rate...

[eng] For twenty years in France, specific investment grants, such as tax allowances or modifications of depreciation rules have been implemented at different times. This paper presents the various measures and their impact on firms' investment. The results of the econometric study show a...

[eng] A Disequilibrium Macroeconometric Model of the French Economy with two Sectors and Endogenous Investment Patrick Artus, Sanvi Avouyi-Dovi, Jean-Pierre Laffargue This paper presents a two sector, (tradable and non tradable) disequilibrium model, with endogenized investment, for France. The...

This paper provides an analysis of co-movements between real and financial variables in three new eu member countries (the Czech Republic, Hungary and Poland) and the euro area. It focuses on the co-movement between real credit granted to firms and real industrial output on the one hand, and...