Un modèle d'équilibre multiple avec marchandage intra-firmes et frictions d'appariement
| Autor: | Mabel Tidball, Julie Beugnot |
|---|---|
| Přispěvatelé: | Laboratoire Montpelliérain d'Économie Théorique et Appliquée (LAMETA), Université Montpellier 1 (UM1)-Université Paul-Valéry - Montpellier 3 (UPVM)-Institut National de la Recherche Agronomique (INRA)-Centre international d'études supérieures en sciences agronomiques (Montpellier SupAgro)-Université de Montpellier (UM)-Centre National de la Recherche Scientifique (CNRS)-Institut national d’études supérieures agronomiques de Montpellier (Montpellier SupAgro), Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement (Institut Agro)-Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement (Institut Agro) |
| Jazyk: | angličtina |
| Rok vydání: | 2010 |
| Předmět: |
Organizational Behavior and Human Resource Management
Economics and Econometrics Matching (statistics) Labour economics Returns to scale Product market MULTIPLE EQUILIBRIA 05 social sciences Pareto principle ECONOMIC POLICY Production function Market regulation INTRAFIRRM BARGAINING MATCHING FRICTIONS [SHS]Humanities and Social Sciences Microeconomics Monopolistic competition Deregulation 8. Economic growth 0502 economics and business MONOPOLISTIC COMPETITION EQUILIBRE Economics 050207 economics 050205 econometrics |
| Zdroj: | Labour Economics Labour Economics, Elsevier, 2010, 17 (5), pp.810-822. ⟨10.1016/j.labeco.2010.04.010⟩ |
| ISSN: | 0927-5371 |
| DOI: | 10.1016/j.labeco.2010.04.010⟩ |
| Popis: | In this paper, we combine a matching model derived from Pissarides (2000) in the case of large firms with monopolistic competition on the product market and the model of intrafirm bargaining a la Stole and Zwiebel (1996). Moreover, we allow for increasing returns to scale in the aggregate production function leading to multiple equilibria. We study the dynamics of such a framework and propose numerical simulations. We show that labour market regulation can make unlikely the occurrence of the Pareto inferior equilibrium and that product market deregulation can have an effect on employment contrary to the expected result when the economy stands at this equilibrium. We give also some policy recommendations to reach the Pareto superior equilibrium when multiple equilibria exist. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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