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Comparaison de la formation des salaires dans un panel de pays industrialisés

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  • Stéphanie Guichard
  • Jean-Pierre Laffargue

Abstract

[fre] Cet article présente une analyse comparée de la formation des salaires dans les pays industrialisés. Une équation de salaire avec rigidités nominales est estimée sur un panel de 16 pays en recourant à une méthodologie spécifique fondée sur les moments généralisés et l’analyse factorielle. Nous montrons que le taux d’emploi est un meilleur indicateur des tensions sur le marché du travail que le taux de chômage. Les principales différences entre pays portent sur les effets de modifications de la productivité ou du taux d’emploi sur les salaires. Nous mettons en évidence une certaine rigidité nominale des salaires, et un effet faible, mais positif, du coin salarial sur le coût du travail. [eng] This paper offers a systematic comparison of wage formation in industrialised countries. A wage curve with nominal rigidities is calculated for a panel of 16 countries according to a specific method based on GMM and factor analysis. Firstly, we show that the employment rate is a better indicator of labour market tensions than the unemployment rate. Secondly, we demonstrate that the main difference across countries is the reaction of the wage rate to changes in productivity and the employment rate. Thirdly, we find evidence of some nominal rigidity in wage behaviour and of a small but positive effect of the wedge on labour cost.

Suggested Citation

  • Stéphanie Guichard & Jean-Pierre Laffargue, 2001. "Comparaison de la formation des salaires dans un panel de pays industrialisés," Économie et Prévision, Programme National Persée, vol. 147(1), pages 37-49.
    • Handle: RePEc:prs:ecoprv:ecop_0249-4744_2001_num_147_1_6213
    DOI: 10.3406/ecop.2001.6213
    Note: DOI:10.3406/ecop.2001.6213
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    3. Alexis Penot, 2002. "Appréciations et conséquences possibles de l'hétérogénéité structurelle de la zone euro," Revue d'Économie Financière, Programme National Persée, vol. 65(1), pages 153-175.

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