Changements de composition dans l'offre de travail. Implications pour les salaires et le chômage

Etienne Wasmer

SciencePo Working papers Main from HAL

Abstract: Some important stylised facts on the leading OECD countries' labour markets and the rise in wage inequalities and unemployment are described and associated with changes in the structure of the labour force. The literature sometimes overlooks the fact that these changes can destabilise the labour markets, by considering the labour supply to be a homogeneous factor. We endeavour to show here that the supply should be represented as heterogeneous in that this rise has been accompanied by a marked change in structure. The labour force has become younger and more female. This paper describes the mechanisms that can create unemployment and inequalities. These supply changes could be viewed as an increase in the number of low- wage-earners. Also worth mentioning is the drop in the actual amount of employment experience among the labour force.

Date: 1999-04
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Published in Economie et Prévision, 1999, 138-139, pp.77 - 87

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Working Paper: Changements de composition dans l'offre de travail. Implications pour les salaires et le chômage (1999)
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