Emploi: une analyse critique des politiques malthusiennes

David Spector

Economie & Prévision, 2001, vol. n° 150-151, issue 4, 13-31

Abstract: This article builds and calibrates a model of the French labour market in order to compare the effect of the various economic policy measures: Malthusian measures to withdraw individuals from the working population and measures to lower charges. The model stresses the importance of the heterogeneousness of individual productivity near the minimum wage. Estimation of the elasticity of low wages to the unemployment rate and the use of existing empirical data demonstrate that productivity is very heterogeneous at this level, which makes Malthusian measures relatively ineffective: one hundred withdrawals from the labour market free up at most forty jobs. By contrast, reducing the cost of unskilled labour is effective in the long term and may even have a negative or zero cost for public finance.

Keywords: labour market; unemployment; minimum wage (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOP_150_0013 (application/pdf)
http://www.cairn.info/revue-economie-et-prevision-1-2001-4-page-13.htm (text/html)
free

Related works:
Journal Article: Emploi: une analyse critique des politiques malthusiennes (2001)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:ecoldc:ecop_150_0013

Access Statistics for this article

More articles in Economie & Prévision from La Documentation Française
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().