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Le modèle WS-PS

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  • Pierre Cahuc
  • André Zylberberg

Abstract

This paper offers a dynamic model of the labor market with collective wage bargaining in a small open economy. The long run and short run equilibria are carefully distinguished, and the dynamics of the unemployment rate is analyzed. This model is useful to study the consequences of shocks on the fiscal wedge, the unemployment benefits, the cost of capital and other variables such as the growth rate of the labor force.

Suggested Citation

  • Pierre Cahuc & André Zylberberg, 1999. "Le modèle WS-PS," Annals of Economics and Statistics, GENES, issue 53, pages 1-30.
  • Handle: RePEc:adr:anecst:y:1999:i:53:p:1-30
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    File URL: http://www.jstor.org/stable/20076163
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    Cited by:

    1. Cahuc, Pierre & Gianella, Christian & Goux, Dominique & Zylberberg, Andre, 2002. "Equalizing Wage Differences and Bargaining Power: Evidence from a Panel of French Firms," IZA Discussion Papers 582, Institute for the Study of Labor (IZA).
    2. Yannick L'horty & Christophe Rault, 2003. "Why Is French Equilibrium Unemployment So High?," Journal of Applied Economics, Universidad del CEMA, vol. 6, pages 127-156, May.
    3. Van der Linden, Bruno, 1998. "Fighting unemployment without worsening povety: Basic income versus reductions of social security contributions," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1999028, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), revised 00 Oct 1999.
    4. Garloff, Alfred, 2003. "Lohndispersion und Arbeitslosigkeit: Neuere Ansätze in der Suchtheorie," ZEW Discussion Papers 03-60, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    5. Van der Linden, Bruno, 1999. "Active Citizen's Income, Unconditional Income and Participation under Imperfect Competition: A Normative Analysis," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1999023, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    6. Olivier Bontout & Sébastien Jean, 1998. "Wages and Unemployment: Trade-off Under Different Labour Market Paradigms," Working Papers 1998-13, CEPII research center.

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