Employment in Disequilibrium: a Disaggregated Approach on a Panel of French Firms

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Brigitte Dormont;
(1989)

The purpose of this paper is to understand disequilibrium phenomena at a disaggregated level. By using data on French firms, we carry out the estimation of labor demand model with two regimes, which correspond to the Keynesian and classical hypotheses. The results enabl... View more
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