Labor Economics [Pierre Cahuc, Andre Zylberberg] on *FREE* shipping on qualifying offers. This landmark graduate-level text combines depth. Cahuc Zylberberg – Labor Economics (MIT ). Uploaded by rollolollo. This landmark graduate-level text combines depth and breadth of coverage with recent. Posts about Cahuc & Zylberberg written by Beatrice.

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Cahuc and Zylberberg use the study by Mathieu Chemin and Etienne Wasmer comparing the effects of the reduction of working time between Alsace and the whole of France to identify the impact on employment of an additional reduction of 20 minutes of working time.

This page was last edited on 8 Juneat So there is clearly a problem if one answers these questions based on the impact of reductions of social charges near the SMIC wage level. Econometric techniques will in all likelihood make more intense use of structural econometrics. The book contains interesting descriptions of the results of recent empirical work using natural experiments for the purpose of evaluating economic policies in the field of education, tax policy, the reduction zylberbedg working hours, etc.

The economist uses data in much more diverse ways than presented by Cahuc zylberbrg Zylberberg. But the single currency has made this no longer possible. The science of economics has strong political implications, and is therefore always attacked when generates disturbing results.

Two-tier labour markets in the Great Recession: Your email address will not be published. The public debate differs greatly from the scientific debate in both purpose and zylbernerg. This is a very difficult exercise; it requires knowledge of the data, the legal framework, and the academic literature produced by institutions such as the Treasury, the OECD, the IMF, and the European Commission.

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“The economic negationism” of Cahuc and Zylberberg: the first-order economy

It should also be noted that the power to generalize from natural experiments is often weak, as these experiments are by their nature not reproducible.

In the absence of clarification, these remarks become problematic. Minimum wage unemployment and growth. Here is a concrete illustration of the problem with this approach. This shows the danger of basing oneself solely on results measurable by experiments: To quote Angus Deaton once again, in a recent interview he did with the newspaper Le Monde: The teaching methods are based on mathematical models, with the mathematical analyses laid out clearly, and the derivation of most results given in five mathematical appendixes that provide a toolkit for understanding the models.

Economics Bulletin32 2pp. Some economists outside the consensus, such as Roubini or Aglietta, and some economics journalists such as The Economistwarned of the destabilizing effects of finance, but they were outside the consensus. By using this site, you agree to the Terms of Use and Privacy Policy.

Labor Economics – Pierre Cahuc, André Zylberberg – Google Books

Labor Economics2nd ed. Labor Demand and Adjustment Costs. Macroeconomics1 1pp. We now know that the consensus was wrong. The question facing economists looking at this situation is whether the euro zone can survive such misalignments see the recent position of Stiglitz on this subject.


The discussion has been focused on establishing internal devaluations in overvalued European countries and boosting wages in undervalued countries.

Other cahucc, including on financial instability especially that by Moritz Schularik and Alan M. Views Read Edit View history.

Pierre Cahuc

It is the only textbook available for advanced graduate students in the field, and it will be widely used; because of its command of the literature and the freshness of the material included, it will also prove to be a valuable resource for practicing labor economists. Economic Journal, pp.

On reading the book by Cahuc and Zylberberg, it seems that the authors take up the arms of their opponents: Econometrica74 2pp. Can we conclude that the transition to 35 hours, a reduction in working time more than ten times as great, has zykberberg impact on employment?

My library Help Advanced Book Search. European Economic Review40 7pp. Labour Economics9 1pp. The main argument is that it is well known that reducing charges in the neighbourhood of the SMIC has a much bigger impact on employment than for higher wage levels. Contracts RiskSharing and Incentive. What are the limits of experiments?

In short, the relationship of data to economics involves multiple methods that can yield conflicting results. Some criticisms lower the intellectual debate to the level of personal insults.