IDEAS home Printed from https://ideas.repec.org/a/prs/rvofce/ofce_0751-6614_1984_num_8_1_994.html
   My bibliography  Save this article

Part salariale et emploi

Author

Listed:
  • Jacques Le Cacheux
  • Daniel Szpiro

Abstract

[fre] Des études récentes d'organismes internationaux, tels que la Communauté européenne et l'OCDE, présentent l'accroissement de la part des salaires dans la valeur ajoutée comme un facteur déterminant de la dégradation de la situation de l'emploi au cours des années 1970 dans les principaux pays industrialisés. L'objet de cet article est de placer les concepts de part salariale ou d'écart de salaires réels dans un cadre théorique approprié et d'en examiner la pertinence empirique. Les équations testées pour les États-Unis, la France, le Japon, la RFA et le Royaume-Uni, sur la période 1960-1981, ne font apparaître aucune corrélation significative entre l'écart de salaire réel et l'emploi, contrairement aux résultats des études précédentes. Ce résultat négatif provient probablement de la difficulté d'isoler les effets d'un facteur dans un phénomène dont les déterminants sont multiples. [eng] Recent studies by international organizations, such as the EC and the OECD, point to the increase in the share of wages in value added as a prominent factor in the worsening of the employment situation in major industrialized countries during the 70's. This article attempts to set the concepts of wage share and real wage gap in their appropriate theoretical framework and to examine their empirical relevance. In contrast with previous studies, the equations tested for the United States, France, Japan, West Germany and the United Kingdom over the period 1960-1981 show no significant correlation between the real wage gap and employment. This negative conclusion is probably due to the difficulty of isolating the effects of one factor in a phenomenon with multiple determinants.

Suggested Citation

  • Jacques Le Cacheux & Daniel Szpiro, 1984. "Part salariale et emploi," Revue de l'OFCE, Programme National Persée, vol. 8(1), pages 121-140.
  • Handle: RePEc:prs:rvofce:ofce_0751-6614_1984_num_8_1_994
    DOI: 10.3406/ofce.1984.994
    Note: DOI:10.3406/ofce.1984.994
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/ofce.1984.994
    Download Restriction: no

    File URL: https://www.persee.fr/doc/ofce_0751-6614_1984_num_8_1_994
    Download Restriction: no

    File URL: https://libkey.io/10.3406/ofce.1984.994?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Weitzman, Martin L, 1982. "Increasing Returns and the Foundations of Unemployment Theory," Economic Journal, Royal Economic Society, vol. 92(368), pages 787-804, December.
    2. repec:hal:spmain:info:hdl:2441/5943 is not listed on IDEAS
    3. Jeffrey D. Sachs, 1983. "Real Wages and Unemployment in the OECD Countries," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 14(1), pages 255-304.
    4. Mickaël Artis & Jean-Paul Fitoussi, 1979. "Investment and employment : a review," Working Papers hal-03616983, HAL.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:hal:spmain:info:hdl:2441/5950 is not listed on IDEAS
    2. Jean-Paul Fitoussi & Jacques Le Cacheux & François Lecointe & Christian Vasseur, 1986. "Taux d'intérêt réels et activité économique," SciencePo Working papers Main hal-03393176, HAL.
    3. Jérôme Henry & Jacques Le Cacheux, 1988. "Deux partages du revenu national des grands pays de l'OCDE," Revue de l'OFCE, Programme National Persée, vol. 24(1), pages 103-124.
    4. repec:spo:wpmain:info:hdl:2441/5950 is not listed on IDEAS
    5. Jean-Paul Fitoussi & Jacques Le Cacheux & François Lecointe & Christian Vasseur, 1986. "Taux d'intérêt réels et activité économique. Un essai d'interprétation théorique et de mesure empirique," Revue de l'OFCE, Programme National Persée, vol. 15(1), pages 145-173.
    6. Jérôme Henry & Frédéric Lordon, 1990. "Répartition et formation du revenu disponible dans cinq grands pays," Revue de l'OFCE, Programme National Persée, vol. 30(1), pages 35-61.
    7. Patrick Artus, 1987. "Salaire réel et emploi," Revue Économique, Programme National Persée, vol. 38(3), pages 625-660.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lars Anell, 1987. "The Breakdown of the Postwar Boom," The ANNALS of the American Academy of Political and Social Science, , vol. 492(1), pages 22-35, July.
    2. LAL, Deepak & van Wijnbergen, Sweder, 1985. "Government deficits, the real interest rate and LDC debt : On global crowding out," European Economic Review, Elsevier, vol. 29(2), pages 157-191.
    3. Fernández-Villaverde, Jesús & Mandelman, Federico & Yu, Yang & Zanetti, Francesco, 2021. "The “Matthew effect” and market concentration: Search complementarities and monopsony power," Journal of Monetary Economics, Elsevier, vol. 121(C), pages 62-90.
    4. Patrick Artus, 1993. "Défauts de coordination des activités. Principes et exemples," Revue Économique, Programme National Persée, vol. 44(3), pages 551-568.
    5. H. Molana & T. Moutos, 1992. "Returns to scale, imperfect competition and aggregate demand and trade policy effects in a two-country model," Open Economies Review, Springer, vol. 3(3), pages 271-295, October.
    6. Gundlach, Erich & Schmidt, Klaus-Dieter, 1985. "Das amerikanische Beschäftigungswunder: Was sich daraus lernen läßt," Kiel Discussion Papers 109, Kiel Institute for the World Economy (IfW Kiel).
    7. Olivier J. Blanchard & Lawrence H. Summers, 1986. "Hysteresis and the European Unemployment Problem," NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 15-90, National Bureau of Economic Research, Inc.
    8. Bennett, John & Dixon, Huw David, 1995. "Macroeconomic equilibrium and reform in a transitional economy," European Economic Review, Elsevier, vol. 39(8), pages 1465-1485, October.
    9. Rodolphe Dos Santos Ferreira & Frédéric Dufourt, 2007. "Free entry equilibria with positive profits: A unified approach to quantity and price competition games," International Journal of Economic Theory, The International Society for Economic Theory, vol. 3(2), pages 75-94, June.
    10. Guillaume Rocheteau, 1999. "Can an Unemployment Insurance System Generate Multiple Natural Rates?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 6(3), pages 379-387, August.
    11. Ludovic JULIEN, 2008. "Market power, the multiplier and economic policy under oligopolistic competition," Economics Bulletin, AccessEcon, vol. 4(29), pages 1-8.
    12. Mahmood A. Zaidi, 1986. "Do Incomes Policies Restrain Wage Inflation? Some Evidence From Australia, Canada, and the United States," The Economic Record, The Economic Society of Australia, vol. 62(4), pages 468-484, December.
    13. Basu, Susanto & Fernald, John G., 1995. "Are apparent productive spillovers a figment of specification error?," Journal of Monetary Economics, Elsevier, vol. 36(1), pages 165-188, August.
    14. Gaetano Cuomo, 2015. "Imprese cooperative e democrazia economica," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2015(116), pages 5-38.
    15. Michael C. Burda, 2001. "European Labour Markets and the Euro: How Much Flexibility Do We Really Need?," Palgrave Macmillan Books, in: Deutsche Bundesbank (ed.), The Monetary Transmission Process, chapter 7, pages 252-282, Palgrave Macmillan.
    16. Jaime R. Marquez & Paul Pauly, 1984. "Cooperative policies among the North, the South, and OPEC : an optimal control approach," International Finance Discussion Papers 247, Board of Governors of the Federal Reserve System (U.S.).
    17. Ronald Schettkat, 2018. "Animal Spirits - Die Verhaltensökonomischen Grundlagen der Keynesschen Theorie," Schumpeter Discussion Papers sdp18008, Universitätsbibliothek Wuppertal, University Library.
    18. Patrick Artus, 1987. "Salaire réel et emploi," Revue Économique, Programme National Persée, vol. 38(3), pages 625-660.
    19. Ken-Ichi Akao & Takashi Kamihigashi & Kazuo Nishimura, 2015. "Critical Capital Stock in a Continuous-Time Growth Model with a Convex-Concave Production Function," Discussion Paper Series DP2015-39, Research Institute for Economics & Business Administration, Kobe University.
    20. Valerie Cerra & Antonio Fatás & Sweta C. Saxena, 2023. "Hysteresis and Business Cycles," Journal of Economic Literature, American Economic Association, vol. 61(1), pages 181-225, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:rvofce:ofce_0751-6614_1984_num_8_1_994. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Equipe PERSEE (email available below). General contact details of provider: https://www.persee.fr/collection/ofce .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.