Wage Moderation in France [electronic resource] / Marcello M Estevão.
Material type:
TextSeries: IMF Working Papers; Working Paper ; No. 02/151Publication details: Washington, D.C. : International Monetary Fund, 2002Description: 1 online resource (31 p.)ISBN: 1451857047 :ISSN: 1018-5941Subject(s): Bargaining | Employment | Labor Market | Production and Organizations | Structural Change | Unemployment | FranceAdditional physical formats: Print Version:: Wage Moderation in FranceOnline resources: IMF e-Library | IMF Book Store Abstract: Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment taking into account compositional, time and regional effects. We show that this relationship shifted outward during the 1990s most likely because of a structural change in workers' behavior, i.e. "wage moderation". The outward shift was particularly large between 1996 and 2000 and undoubtedly contributed strongly to the exceptional employment performance during that period.
Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment taking into account compositional, time and regional effects. We show that this relationship shifted outward during the 1990s most likely because of a structural change in workers' behavior, i.e. "wage moderation". The outward shift was particularly large between 1996 and 2000 and undoubtedly contributed strongly to the exceptional employment performance during that period.
Description based on print version record.
There are no comments on this title.