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La prévision de l’emploi dans le modèle de l’IRIC

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  • Yves Rabeau

    (Université de Montréal)

Abstract

Final demand determines output in commercial non agricultural industries (Q). Employment is linked to Q by a distributed lag mechanism. In turn employment has an impact on other parts of model. In particular employment appears as a determinant of the labour supply and of the distribution of income. The latter is closely related to the structure of final demand. Hence, employment is a key-variable when one uses the model to make a forecasting exercise.

Suggested Citation

  • Yves Rabeau, 1976. "La prévision de l’emploi dans le modèle de l’IRIC," L'Actualité Economique, Société Canadienne de Science Economique, vol. 52(2), pages 149-168.
    • Handle: RePEc:ris:actuec:v:52:y:1976:i:2:p:149-168
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    References listed on IDEAS

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    1. Thor Hultgren, 1960. "Changes in Labor Cost during Cycles in Production and Business," NBER Books, National Bureau of Economic Research, Inc, number hult60-1, August.
    2. F. P. R. Brechling, 1965. "The Relationship between Output and Employment in British Manufacturing Industries," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 32(3), pages 187-216.
    3. C. E. Ferguson, 1965. "Time-Series Production Functions and Technological Progress in American Manufacturing Industry," Journal of Political Economy, University of Chicago Press, vol. 73(2), pages 135-135.
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