France: Selected Issues: Labor Market Developments and Wage Moderation in France in the 1990s

International Monetary Fund

No 2001/198, IMF Staff Country Reports from International Monetary Fund

Abstract: The growth rate of real hourly wages in France has fallen below the trend growth rate of total factor productivity. The distribution of wage and earnings growth has not been uniform across deciles. A breakdown in employment growth by wage deciles also suggests important composition changes. The development of key labor market variables has been discussed in this note. Microeconometric estimations provide evidence of an outward shift in the relationship between wages and unemployment that is independent of changes in labor demand taxes and unemployment income.

Keywords: ISCR; CR; wage; wage demand; adjusted wage variable; product market; unemployment income; employment growth; wage moderation; labor share; staff estimate; Wages; Unemployment rate; Employment; Labor markets; Real wages; Europe (search for similar items in EconPapers)
Pages: 20
Date: 2001-11-05
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=15453 (application/pdf)

Related works:
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:imf:imfscr:2001/198

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().