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  • 1
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 57 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.3
    Keywords: Economics ; France
    Abstract: The purpose of this paper is to examine the processes of wage formation in France sector by sector, to idenitfy the reasons for fluctuations in sectoral wage differentials and ascertain whether wage emulation exists. In France no information is available quarterly on sector wages with breakdowns by sex or according to a number of other characteristics, so it was not possible to make use of a number of studies done in other countries on the degree of wage dispersion, such as those of Bouteiller (1971), Pollen (1977), Tachibanaki (1974), and all the studies on the much researched relationship between wage level and membership of a trade union. Here it would be appropriate to ...
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  • 2
    Language: English
    Pages: 67 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.2
    Keywords: Economics
    Abstract: This paper sets out the various stages in the construction and estimation of a supply block for medium-term projection models. It describes the theoretical basis for the specification chosen and the estimation results. The basic block is a set of production factor demand functions. It is refined by modelling the scrapping behaviour of firms, introducing the effects stemming from movements in hours worked, and examining the role of profits. Other possible changes or improvements are outlined. The model is used to simulate the effects of movements in the relative prices of labour, capital and energy in recent years ...
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