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dc.contributor.authorChéron, Arnauden_US
dc.contributor.authorHairault, Jean-Olivieren_US
dc.contributor.authorLangot, Françoisen_US
dc.date.accessioned2009-01-28T16:15:46Z-
dc.date.available2009-01-28T16:15:46Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/20661-
dc.description.abstractThis paper analyzes the implications of labor market institutions and policies on the employment-labor productivity trade-off. We consider an equilibrium search model with wage posting and specific human capital investment where unemployment and the distribution of both wages and productivity are endogenous. By means of simulations of this model estimated on French data, we show that the minimum wage allows a high production level to be reached by inducing increased training investment, even if its optimal level is weaker. Considering the payroll tax subsidies implemented to lower the labor cost without removing the minimum wage legislation, we show that this policy has been welfare improving, and has been relatively well managed by spreading subsidies over a large range of wages, and not only at the minimum wage level.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesIZA Discussion paper series 1364en_US
dc.subject.jelC51en_US
dc.subject.jelJ38en_US
dc.subject.jelJ31en_US
dc.subject.jelJ24en_US
dc.subject.ddc330en_US
dc.subject.keywordemploymenten_US
dc.subject.keywordproductivityen_US
dc.subject.keywordwage postingen_US
dc.subject.keywordlabor costsen_US
dc.subject.stwArbeitsmarktflexibilisierungen_US
dc.subject.stwBeschäftigungen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwArbeitsucheen_US
dc.subject.stwLohnbildungen_US
dc.subject.stwBildungsinvestitionen_US
dc.subject.stwMindestlohnen_US
dc.subject.stwArbeitsproduktivitäten_US
dc.subject.stwSchätzungen_US
dc.subject.stwFrankreichen_US
dc.titleLabor Market Institutions and the Employment-Productivity Trade-Off : A Wage Posting Approachen_US
dc.typeWorking Paperen_US
dc.identifier.ppn475984862en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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