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Emploi et négociations salariales dans une union monétaire ouverte


  • Pierre Cahuc
  • Hubert Kempf


[eng] Employment and Wage Bargaining in an Open Monetary Union by Pierre Cahuc and Hubert Kempf . This paper studies the effect of alternative wage bargaining procedures, differing by level of centralisation and by time scale, in two countries where wages are negotiated for two periods in an open monetary union. It shows that the best solution for employment depends on the nature of externalities among the Union's countries and even on the extent of foreign trade and the extent of national production differentiation. [fre] Emploi et négociations salariales dans une union monétaire ouverte par Pierre Cahuc et Hubert Kempf . Cet article étudie l'incidence de modes alternatifs de négociation des salaires, différant par le niveau de centralisation et le profil temporel, dans une union monétaire ouverte, à deux pays où les salaires sont négociés pour deux périodes. Il montre que la meilleure solution pour l'emploi dépend de la nature des externalités entre les pays de l'Union, ou encore de l'importance du degré d' ouverture et du degré de différenciation des productions nationales.

Suggested Citation

  • Pierre Cahuc & Hubert Kempf, 1997. "Emploi et négociations salariales dans une union monétaire ouverte," Économie et Prévision, Programme National Persée, vol. 128(2), pages 101-114.
  • Handle: RePEc:prs:ecoprv:ecop_0249-4744_1997_num_128_2_5851
    Note: DOI:10.3406/ecop.1997.5851

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    References listed on IDEAS

    1. Maskin, Eric & Tirole, Jean, 1987. "A theory of dynamic oligopoly, III : Cournot competition," European Economic Review, Elsevier, vol. 31(4), pages 947-968, June.
    2. Russell Cooper & Andrew John, 1988. "Coordinating Coordination Failures in Keynesian Models," The Quarterly Journal of Economics, Oxford University Press, vol. 103(3), pages 441-463.
    3. Driffill, John & van der Ploeg, Frederick, 1993. "Monopoly Unions and the Liberalisation of International Trade," Economic Journal, Royal Economic Society, vol. 103(417), pages 379-385, March.
    4. Maskin, Eric & Tirole, Jean, 1988. "A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles," Econometrica, Econometric Society, vol. 56(3), pages 571-599, May.
    5. repec:adr:anecst:y:1991:i:23:p:01 is not listed on IDEAS
    6. Cahuc, Pierre & Kempf, Hubert, 1997. "Alternative Time Patterns of Decisions and Dynamic Strategic Interactions," Economic Journal, Royal Economic Society, vol. 107(445), pages 1728-1741, November.
    7. Dixon, Huw David & Rankin, Neil, 1994. "Imperfect Competition and Macroeconomics: A Survey," Oxford Economic Papers, Oxford University Press, vol. 46(2), pages 171-199, April.
    8. Olivier Jean Blanchard & Stanley Fischer, 1989. "Lectures on Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262022834, January.
    9. Fischer, Stanley, 1977. "Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule," Journal of Political Economy, University of Chicago Press, vol. 85(1), pages 191-205, February.
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