WorldCat Identities

Wasmer, Etienne

Works: 107 works in 356 publications in 2 languages and 1,570 library holdings
Genres: Textbooks 
Roles: Author, Thesis advisor, Opponent, Editor, 958, 956
Publication Timeline
Most widely held works by Etienne Wasmer
Principes de microéconomie méthodes empiriques et théories modernes by Etienne Wasmer( Book )

9 editions published between 2010 and 2017 in French and held by 326 WorldCat member libraries worldwide

Education and training in Europe by Giorgio Brunello( Book )

19 editions published between 2004 and 2007 in English and held by 184 WorldCat member libraries worldwide

Focusing on the accumulation of human capital from two perspectives, through formal education and then professional training, this book provides a summary of the characteristics of education and training in Europe and also asks key questions about the problems with the current educational and training systems
État moderne, État efficace : évaluer les dépenses publiques pour sauvegarder le modèle français by Marc Ferracci( Book )

4 editions published in 2011 in French and held by 50 WorldCat member libraries worldwide

Labor, credit, and goods markets : the macroeconomics of search and unemployment by Nicolas Petrosky-Nadeau( Book )

3 editions published in 2017 in English and held by 43 WorldCat member libraries worldwide

This book offers an integrated framework to study the theoretical and quantitative properties of economies with frictions in multiple markets. Building on analyses of markets with frictions by 2010 Nobel laureates Peter A. Diamond, Dale T. Mortensen, and Christopher A. Pissarides, which provided a new theoretical approach to search markets, the book applies this new paradigm to labor, finance, and goods markets. It shows, in particular, how frictions in different markets interact with each other. The book first covers the main developments in the analysis of the labor market in the presence of frictions, offering a systematic analysis of the dynamics of this environment and explaining the notion of macroeconomic volatility. Then, building on the generality and simplicity of the search analysis, the book adapts it to other markets, developing the tools and concepts to analyze friction in these markets. The book goes beyond the traditional general equilibrium analysis of markets, which is often frictionless. It begins with the standard analysis of a single market, and then sequentially integrates more markets into the analysis, progressing from labor to financial to goods markets. Along the way, the book provides a number of useful results and insights, including the existence of a direct link between search frictions and the degree of volatility in the economy.--
The macroeconomics of labour and credit market imperfections by Etienne Wasmer( Book )

14 editions published between 2000 and 2002 in English and held by 35 WorldCat member libraries worldwide

Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections, driven by microeconomic frictions and impacted upon by macroeconomic factors such as monetary policy, could also be to blame. This paper shows that labor and credit market imperfections interact in a complementary way - which may explain why European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To develop this idea, we build a search model that treats credit and labor market imperfections in a symmetrical way. We introduce specificity in credit relationships, and assume that credit to potential entrepreneurs is rationed due to endogenous search frictions, in the spirit of Diamond (1990). These imperfections mirror the job search frictions that we introduce, à la Mortensen- Pissarides (1994), in the labor market
Les mobilités des salariés by France( Book )

3 editions published in 2010 in French and held by 34 WorldCat member libraries worldwide

Ce rapport montre, chiffres à l'appui, que la flexibilité des emplois s'est développée en France de façon significative, renforcée par différentes voies (essor de l'intérim, des CDD, etc.). Subsiste en revanche une insuffisance de la mobilité des salariés. Des mesures visant à développer les mobilités choisies et à renforcer les compétences générales plutôt que spécifiques sont proposées.--Memento
Are specific skills an obstacle to labor market adjustment? : theory and an application to the EU enlargement by Ana Lamo( Book )

11 editions published in 2006 in English and held by 30 WorldCat member libraries worldwide

Labour market efficiency, wages and employment when search frictions interact with intrafirm bargaining by Pierre Cahuc( Book )

12 editions published in 2001 in English and held by 28 WorldCat member libraries worldwide

In search of a macroeconomic theory of wage determination, the agnostic reader should be puzzled by the apparent contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring cost and constant returns of labor, the bargaining power of employees allows them to get rents and gives rise either to overemployment or to under-employment compared with the first-best. On the other hand, in Stole and Zwiebel's theory of intrafirm bargaining with no hiring cost and decreasing returns of labor, the bargaining power of employees does not allow them to get rent and always gives rise to over-employment. In this paper, we try to reconcile the approaches. A simple matching model with large firms and diminishing marginal productivity of labor allows us to show that the two limit cases described above yield a mix of robust and non robust results: In the most general case, employees get rents and there is more frequently over employment compared to the efficient allocation than in the standard search-matching model
Moving towards a single labour contract pros, cons and mixed feelings by Nicolas Lepage-Saucier( )

4 editions published in 2013 in English and held by 28 WorldCat member libraries worldwide

This paper discusses the pros and cons of a single labour contract. After reviewing the current state of dualism in labour markets and the recent labour reforms in Europe, we discuss the various proposals to eliminate dualism. Next, we emphasise the costs of dualism and discuss whether they would be addressed by introducing a single labour contract. We notably introduce a distinction between reforms based on introducing a single contract with progressive seniority rights (CPSR) or a single contract with long probation periods (CLPP).We argue that their gains and costs are very different, especially with regards to the stigma effects and dualism. We also consider alternative reforms: the introduction of a single labour contract as such, and alternative reforms independent of the labour contract but addressing the issue of dualism (training, access to housing and to credit) and compare their costs and benefits. We then build a simple model where both temporary and permanent contracts are available to firms. We use it to describe the demand for temporary contracts and the potential consequences of removing them and reach the following conclusions. First, employment protection has a moderate negative impact on employment, which can be mitigated when temporary contracts are available. Second, the elimination of temporary contracts decreases total employment (by 7 percentage points according to our calculations). Offsetting this effect would require an ambitious reform of employment protection laws of permanent contracts (in this specific setup, amounting to a cut in layoff costs by two thirds). Finally, the coexistence of temporary and permanent contracts may also have negative effects on social norms within the firm and workers' motivation and eliminating temporary contracts could therefore enhance productivity in this context
The economics of Prozac: Do employees really gain from strong employment protection? by Etienne Wasmer( )

8 editions published in 2006 in English and held by 27 WorldCat member libraries worldwide

Between-group competition in the labour market and the rising returns to skill : US and France 1964-2000 by Etienne Wasmer( Book )

12 editions published in 2001 in English and held by 27 WorldCat member libraries worldwide

This paper describes the changes in the composition of the labor force in the last 35 years and quantifies the substitution of low education / high experience workers by low experience / high education workers by using US and French microdata. The consequences of this substitution on the wage structure are then investigated. In the US, labor supply changes can explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 and 2000, between 8% and 20% depending on the specification. These results rely on panel estimates of a useful concept: the elasticity of substitution between experience and education, which is found to be less than half. In France, the covariations of prices and the supply of skills are consistent with a pure labor supply explanation. Methodologically, the paper shows that the use of a stock measure of efficient units of skills is better than flow measures (e.g. cohort size). It also allows to analyze the consequences of rising female labor participation
Mobility in Europe : why it is low, the bottlenecks, and the policy solutions by Alexandre Janiak( Book )

12 editions published in 2008 in English and held by 26 WorldCat member libraries worldwide

"This report studies how adjustments in the European labour markets are a major source of economic resilience and integration. As such, they warrant in-depth understanding and close monitoring in the specific context of Eurozone and national fiscal policies.."--Publication information page
Higher education levels, firms' outside options and the wage structure by Åsa Rosén( Book )

10 editions published between 2001 and 2002 in English and held by 26 WorldCat member libraries worldwide

We analyze the consequences of an increase in the supply of highly educated workers on relative and real wages in a search model where wages are set by Nash-bargaining. The key insight is that an increase in the supply of highly educated workers improves the firms' outside option. As a consequence, the real wage of all workers decreases in the short-run. Since this decline is more pronounced for less educated workers, wage inequality increases. In the long-run a better educated work force induces firms to invest more in physical capital. Wage inequality and real wages of highly educated workers increase while real wages of less educated workers may decrease. These results are consistent with the U.S. experience in the 70s and 80s. Based upon differences in legal employment protection we also provide an explanation for the diverging evolution of real and relative wages in Continental Europe
Equilibrium urban unemployment by Etienne Wasmer( Book )

10 editions published in 1997 in English and held by 22 WorldCat member libraries worldwide

Interpreting European and US labour market differences : the specificity of human capital investments by Etienne Wasmer( Book )

8 editions published in 2003 in English and held by 22 WorldCat member libraries worldwide

Does space affect search? : a theory of local unemployment by Etienne Wasmer( Book )

7 editions published in 1999 in English and held by 19 WorldCat member libraries worldwide

Competition for jobs in a growing economy and the emergence of dualism by Etienne Wasmer( Book )

7 editions published in 1997 in English and held by 19 WorldCat member libraries worldwide

Can labour supply explain the rise in unemployment and inter-group wage inequality in the OECD? by Etienne Wasmer( Book )

5 editions published between 1997 and 1998 in English and held by 18 WorldCat member libraries worldwide

Labor supply dynamics, unemployment and human capital investments by Etienne Wasmer( Book )

4 editions published in 1998 in English and held by 9 WorldCat member libraries worldwide

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  Kids General Special  
Audience level: 0.83 (from 0.67 for Education ... to 0.89 for Principes ...)

Education and training in Europe
Alternative Names
Étienne Wasmer economista francés

Étienne Wasmer Frans econoom

Étienne Wasmer fransk ekonom

Étienne Wasmer fransk økonom

Étienne Wasmer French economist

Wasmer, E. 1970-

English (146)

French (16)