Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20661
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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 theemployment-labor productivity trade-off. We consider an equilibrium search model with wageposting and specific human capital investment where unemployment and the distribution ofboth wages and productivity are endogenous. By means of simulations of this modelestimated on French data, we show that the minimum wage allows a high production level tobe 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 removingthe minimum wage legislation, we show that this policy has been welfare improving, and hasbeen relatively well managed by spreading subsidies over a large range of wages, and notonly at the minimum wage level.en_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonn-
dc.relation.ispartofseries|aIZA Discussion paper series |x1364en_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-

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