IDEAS home Printed from https://ideas.repec.org/p/spo/wpmain/infohdl2441-f4rshpf3v1umfa09lat19ap14.html
   My bibliography  Save this paper

La formation des salaires et le concept de taux de chômage d’équilibre. Une tentative de réconciliation des courbes Wage Setting et de Phillips

Author

Listed:
  • Frédéric Reynés

    (Observatoire français des conjonctures économiques)

Abstract

Cette thèse porte sur la formation des salaires et le concept de Taux de Chômage d’Equilibre (TCE). Le premier chapitre s’intéresse à la formation des prix et met en évidence les faiblesses de la représentation walrasienne. Le deuxième est constitué d’une revue de la littérature théorique concernant la formation des salaires. A la différence de la littérature dominante, il montre que la courbe de Phillips augmentée a des fondements microéconomiques plus pertinents que la courbe Wage Setting (WS) en niveau. Le troisième chapitre porte sur les propriétés des équations de salaire notamment en termes de TCE. Après avoir montré que la courbe WS pouvait être interprétée comme un cas particulier de la courbe de Phillips, les implications de la spécification de l’équation de salaire sur le long terme des modèles macroéconomiques sont analysées au moyen d’une maquette simulée. Le quatrième chapitre clarifie la problématique chocs / institutions souvent mise en avant pour expliquer le phénomène du chômage dans l’OCDE. Après avoir mis en évidence certaines faiblesses de l’approche réduite en données de panel, cette problématique est testée par l’approche structurelle. Sont alors présentées les estimations d’équations de prix et de salaire et de TCE pour six pays (Allemagne, Espagne, Etats-Unis, France, Pays-Bas et Royaume-Uni) pour la période allant de 1970 à la fin des années 1990.Enfin, le cinquième chapitre confronte théoriquement et empiriquement les approches structurelle et réduite (TV-NAIRU) d’estimation du TCE et applique la technique du filtre de Kalman pour estimer les TCE français et américain par ces deux approches.

Suggested Citation

  • Frédéric Reynés, 2006. "La formation des salaires et le concept de taux de chômage d’équilibre. Une tentative de réconciliation des courbes Wage Setting et de Phillips," Sciences Po publications info:hdl:2441/f4rshpf3v1u, Sciences Po.
    • Handle: RePEc:spo:wpmain:info:hdl:2441/f4rshpf3v1umfa09lat19ap14
    as

    Download full text from publisher

    File URL: https://spire.sciencespo.fr/hdl:/2441/f4rshpf3v1umfa09lat19ap14/resources/reynes-eco-2006.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Yellen, Janet L, 1984. "Efficiency Wage Models of Unemployment," American Economic Review, American Economic Association, vol. 74(2), pages 200-205, May.
    2. Albert van der Horst, 2003. "Structural Estimates of Equilibrium Unemployment in Six OECD Economies," Economics Working Papers 022, European Network of Economic Policy Research Institutes.
    3. Weiss, Andrew W, 1980. "Job Queues and Layoffs in Labor Markets with Flexible Wages," Journal of Political Economy, University of Chicago Press, vol. 88(3), pages 526-538, June.
    4. Albert van der Horst, 2003. "Structural estimates of equilibrium unemployment in six OECD economies," CPB Discussion Paper 19, CPB Netherlands Bureau for Economic Policy Analysis.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:hal:wpspec:info:hdl:2441/f4rshpf3v1umfa09lat19ap14 is not listed on IDEAS
    2. Katarzyna Budnik, 2012. "Do those who stay work less? On the impact of emigration on the measured TFP in Poland," NBP Working Papers 113, Narodowy Bank Polski.
    3. repec:spo:wpecon:info:hdl:2441/f4rshpf3v1umfa09lat19ap14 is not listed on IDEAS
    4. repec:hal:spmain:info:hdl:2441/f4rshpf3v1umfa09lat19ap14 is not listed on IDEAS
    5. Goldsmith, Arthur H. & Veum, Jonathan R. & Darity, William Jr., 2000. "Working hard for the money? Efficiency wages and worker effort," Journal of Economic Psychology, Elsevier, vol. 21(4), pages 351-385, August.
    6. Veronique Genre & Karsten Kohn & Daphne Momferatou, 2011. "Understanding inter-industry wage structures in the euro area," Applied Economics, Taylor & Francis Journals, vol. 43(11), pages 1299-1313.
    7. Ruud de Mooij, 2004. "Towards efficient unemployment insurance in the Netherlands," CPB Memorandum 100, CPB Netherlands Bureau for Economic Policy Analysis.
    8. Alho, Kari & Nikula, Nuutti, 2007. "Productivity, Employment and Taxes - A SVAR Analysis of Trade-offs and Impacts," Discussion Papers 1074, The Research Institute of the Finnish Economy.
    9. Bernanke, Ben S, 1986. "Employment, Hours, and Earnings in the Depression: An Analysis of EightManufacturing Industries," American Economic Review, American Economic Association, vol. 76(1), pages 82-109, March.
    10. Patrick Minford & Ruthira Naraidoo, 2010. "Vicious And Virtuous Circles – The Political Economy Of Unemployment," South African Journal of Economics, Economic Society of South Africa, vol. 78(1), pages 1-22, March.
    11. Lin, Chung-cheng & Chang, Juin-jen & Lai, Ching-chong, 2002. "Profit sharing as a worker discipline device," Economic Modelling, Elsevier, vol. 19(5), pages 815-828, November.
    12. Canegallo, Claudia, 1999. "Funzionamento del mercato del lavoro in presenza di informazione asimmetrica. Una rassegna della letteratura," POLIS Working Papers 8, Institute of Public Policy and Public Choice - POLIS.
    13. Chung‐Cheng Lin & Ching‐Chong Lai, 1998. "Efficiency Wages, Partial Wage Rigidity, and Money Nonneutrality," Southern Economic Journal, John Wiley & Sons, vol. 65(2), pages 331-340, October.
    14. Alan Carruth & Bill Collier & Andy Dickerson, 1999. "Inter-industry Wage Differences and Individual Heterogeneity: How Competitive is Wage Setting in the UK?," Studies in Economics 9914, School of Economics, University of Kent.
    15. Carl Campbell, 1991. "Tests of efficiency wage theory and contract theory with disaggregated data from the U.S," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(1), pages 98-118, March.
    16. Putnam, Bluford H. & Azzarello, Samantha, 2015. "Evolving dynamics of the relationship between US core inflation and unemployment," Review of Financial Economics, Elsevier, vol. 25(C), pages 27-34.
    17. Manuel David Cruz, 2022. "Labor productivity, real wages, and employment: evidence from a panel of OECD economies over 1960-2019," Working Papers PKWP2203, Post Keynesian Economics Society (PKES).
    18. Pierre Cahuc & André Zylberberg, 1994. "Que reste-t-il de la théorie du salaire d'efficience ?," Revue Économique, Programme National Persée, vol. 45(3), pages 385-398.
    19. Stefano Gagliarducci & Tommaso Nannicini, 2013. "Do Better Paid Politicians Perform Better? Disentangling Incentives From Selection," Journal of the European Economic Association, European Economic Association, vol. 11(2), pages 369-398, April.
    20. Alho, Kari O.E. & Nikula, Nuutti, 2006. "Productivity, Empoyment and Taxes - Evidence on the Potential Trade-offs and Impacts in the EU," Discussion Papers 1054, The Research Institute of the Finnish Economy.
    21. Franz, Wolfgang, 1993. "Unvollkommene Arbeitsmärkte in makroökonomischen Modellen: Eine Übersicht," Discussion Papers 1, University of Konstanz, Center for International Labor Economics (CILE).
    22. Bruce C. Greenwald & Joseph E. Stiglitz, 1990. "Macroeconomic Models with Equity and Credit Rationing," NBER Chapters, in: Asymmetric Information, Corporate Finance, and Investment, pages 15-42, National Bureau of Economic Research, Inc.
    23. Demougin, Dominique M. & Helm, Carsten, 2008. "Incentive contracts and efficient unemployment benefits," Darmstadt Discussion Papers in Economics 191, Darmstadt University of Technology, Department of Law and Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spo:wpmain:info:hdl:2441/f4rshpf3v1umfa09lat19ap14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Spire @ Sciences Po Library (email available below). General contact details of provider: https://edirc.repec.org/data/ecspofr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.