Croissance et chômage à long terme

Fabien Tripier

Economie & Prévision, 2009, vol. n° 189, issue 3, 57-74

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.

Keywords: growth; unemployment; fair wages; spectral analysis (search for similar items in EconPapers)
Date: 2009
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Journal Article: Croissance et chômage à long terme (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:cai:ecoldc:ecop_189_0057

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