What Drove Relative Wages in France?
Structural Decomposition Analysis in a General Equilibrium Framework, 1970-1992
This paper looks at the factors responsible for a relative rise in unemployment among unskilled workers in France over the period 1970 to 1992. It argues that a large part of the increase can be attributed to (1) technological progress favoring skills and knowledge, and (2) the increasing globalization of markets and enhanced competition from imports. The paper employs a computable general equilibrium (CGE) model for analysis.
© 2001 Centre for European Policy Studies (CEPS)
Sébastien Jean, Olivier Bontout
The annexes detail modeling variables and data sources.