Wage Moderation in France

 
Author/Editor: Estevão, Marcello M. ; Nargis, Nigar
 
Publication Date: September 01, 2002
 
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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.
 
Series: Working Paper No. 02/151
Subject(s): Employment | France | Wages | Wage adjustments | Labor markets | Wage moderation

Author's Keyword(s): employment | wages | bargaining | structural change | labor market
 
English
Publication Date: September 01, 2002
ISBN/ISSN: 1934-7073 Format: Paper
Stock No: WPIEA1512002 Pages: 31
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