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Croissance et chômage à long terme

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  • Fabien Tripier

Abstract

This article studies the long-term relationship between labor productivity growth and unemployment. Measures ofco-movements in the frequency domain indicate that the relationship is strongly negative for the seven countries studied?:United States, Canada, Japan, United Kingdom, France, Italy, and Germany. We show this empirical relationship to beconsistent with an efficiency wage model.

Suggested Citation

  • Fabien Tripier, 2009. "Croissance et chômage à long terme," Economie & Prévision, La Documentation Française, vol. 0(3), pages 57-74.
  • Handle: RePEc:cai:ecoldc:ecop_189_0057
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    References listed on IDEAS

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    Keywords

    growth; unemployment; fair wages; spectral analysis;

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