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Wage Moderation in France

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'...

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Bibliographic Details
Main Author: Estevão, Marcello
Other Authors: Nargis, Nigar
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2002
Series:IMF Working Papers
Subjects:
Labour
Wages, Compensation, And Labor Costs: General
Unemployment: Models, Duration, Incidence, And Job Search
Unemployment
Aggregate Labor Productivity
Aggregate Human Capital
Labor
Wages, Compensation, And Labor Costs: Public Policy
Labor Demand
Wages
Unemployment Rate
Economic Theory
Intergenerational Income Distribution
Income Economics
Employment
Wage Bargaining
France
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:31 pages
ISBN:9781451857047

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