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Dynamique et hétérogénéité de l’emploi en déséquilibre

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  • Jacquinot, Pascal

    (Banque de France)

  • Mihoubi, F.

    (C.R.ES.T.)

Abstract

The heterogeneity that caracterizes the labour market is taken into account by the aggregation of micro-markets disequilibria. In order to get a more realistic dynamic structure, lagged latent variables are included in labour demand, labour supply and wage equations. Such a model is estimated by the recent method proposed by Laroque and Salanié (1993). They suggest an extension of the simulated pseudo-maximum likelihood method to dynamic cases. Pour rendre compte à un niveau macroéconomique des hétérogénéités qui caractérisent le marché du travail, la démarche la plus indiquée est l’agrégation par intégration des micromarchés en déséquilibre. Afin d’enrichir la structure dynamique de ce modèle d’équilibre avec rationnements quantitatifs, nous incluons des variables latentes retardées dans les équations d’offre ou de demande de travail ainsi que les rationnements passés dans l’équation de salaire. À la lumière des derniers développements proposés par Laroque et Salanié (1993), l’estimation de ce type de modèle est désormais envisageable. Leur méthode repose sur une extension du pseudo-maximum de vraisemblance simulé au cas dynamique.

Suggested Citation

  • Jacquinot, Pascal & Mihoubi, F., 1996. "Dynamique et hétérogénéité de l’emploi en déséquilibre," L'Actualité Economique, Société Canadienne de Science Economique, vol. 72(2), pages 113-148, juin.
  • Handle: RePEc:ris:actuec:v:72:y:1996:i:2:p:113-148
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