The Labour Market

 

Affiliate Researchers : Giuseppe Bertola, Arnaud Chéron, Frédéric Palomino, Florian Pelgrin
 

This branch of the EDHEC Economics Research Centre covers three main themes:

Institutions and the performance of the labour market
▪ Analysis of the current wage cycle: The influence of collective bargaining, interaction with the degree of competition in the market for goods and services. 
▪ Structural, positive and normative analyses of unemployment insurance benefits and job protection: What impact does the social security system have on employment and well-being? A comparison of international systems (flexicurity, etc.) and their role in explaining differences in performance across the labour market; An analysis of the differential effects of the social security system, depending on age.

Employment of senior citizens and analyses of the pension system
Factors that determine employment above the age of 55; The link between age and the flows of job creation and destruction; Assessing the impact of extending the working life of senior citizens.

Contracts and remuneration of corporate talent and executives
▪ Analysis of executive pay models based on performance (“say on pay”)
▪ Analysis of the labour market for football players: The nature of contracts; Incentives and the forms of compensation (wages and transfer fees); Talent remuneration and the links between salary and productivity.

 
Latest academic publications: 
“Internal vs. External CEO Choice and the Structure of Compensation Contracts” (Frédéric Palomino with Eloïc Peyrache), Journal of  Financial and Quantitative Analysis, forthcoming.

“Price, wage and employment response to shocks: evidence from the WDN survey” (Giuseppe Bertola avec A. Dabusinskas, M. Hoeberichts, M. Izquierdo, C. Kwapil, J. Montornès, D. Radowski), Labour Economics (2012).

“Life cycle equilibrium unemployment” (Arnaud Chéron avec J-O. Hairault et F. Langot), Journal of Labor Economics (2013).

“Subsidizing low-skilled jobs in a dual labor market” (Stéphane Gregoir avec P.Belan et M. Carré), Labour  Economics (2010).

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