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Flexibilité des contrats et demande de travail en Belgique

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  • Benoît Mahy

Abstract

Temporary jobs have spread in an important way during the nineties, especially on the Belgian labour market. From a labour demand point of view, we first stress on the reasons why they might reduce labour adjustment (firing) costs and to a lesser extent other labour costs, but why they might also lower labour productivity. Net effects of temporary jobs are then estimated on dynamic labour demand, assuming that firms are in a monopolistic competition market structure and face quadratic and symetric adjustment costs. The relation is estimated on a panel of 5551 firms observed during the period 1996-2000, using the Blundell and Bond GMM estimator. Our results suggest that higher flexibility through temporary jobs significantly favours the adjustment process but does not influence employment level.

Suggested Citation

  • Benoît Mahy, 2005. "Flexibilité des contrats et demande de travail en Belgique," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(2), pages 25-35.
    • Handle: RePEc:cai:rpvedb:rpve_442_0025
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    References listed on IDEAS

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    1. Hamermesh, Daniel S, 1989. "Labor Demand and the Structure of Adjustment Costs," American Economic Review, American Economic Association, vol. 79(4), pages 674-689, September.
    2. repec:adr:anecst:y:1996:i:41-42:p:04 is not listed on IDEAS
    3. B. Dormont & M. Pauchet, 2003. "Uncertainty and Recourse to Short-Term Contracts," THEMA Working Papers 2003-35, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    4. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
    5. Goux, Dominique & Maurin, Eric & Pauchet, Marianne, 2001. "Fixed-term contracts and the dynamics of labour demand," European Economic Review, Elsevier, vol. 45(3), pages 533-552, March.
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    Cited by:

    1. Bernhard Michel & François Rycx, 2012. "Does offshoring of materials and business services affect employment? Evidence from a small open economy," Applied Economics, Taylor & Francis Journals, vol. 44(2), pages 229-251, January.

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