Etienne Wasmer

Observatoire Français des Conjonctures Economiques (OFCE)

69 Quai d'Orsay

Paris 75004

France

Sciences Po

56 rue Jacob

Paris Cedex 07, 75337

France

IZA Institute of Labor Economics

P.O. Box 7240

Bonn, D-53072

Germany

Centre for Economic Policy Research (CEPR)

Fellow

London

United Kingdom

  • Observatoire Français des Conjonctures Economiques (OFCE)

SCHOLARLY PAPERS

33

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Scholarly Papers (33)

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1.

The Cyclical Volatility of Labor Markets under Frictional Financial Markets

Downloads 534 ( 51,466)
Citation 11

The Cyclical Volatility of Labor Markets under Frictional Financial Markets

Number of pages: 40 Posted: 16 Feb 2010 Last Revised: 11 Aug 2012
Nicolas Petrosky-Nadeau and Etienne Wasmer
Federal Reserve Banks - Federal Reserve Bank of San Francisco and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 484 (57,693)
Citation 7

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Search, Financial Market Imperfections, Shimer Puzzle, Macroeconomic Volatility

The Cyclical Volatility of Labor Markets Under Frictional Financial Markets

IZA Discussion Paper No. 5131
Number of pages: 37 Posted: 24 Aug 2010
Nicolas Petrosky-Nadeau and Etienne Wasmer
Federal Reserve Banks - Federal Reserve Bank of San Francisco and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 50 (398,634)
Citation 1

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search, financial imperfections, Shimer puzzle, macroeconomic volatility

2.

Macroeconomic Dynamics in a Model of Goods, Labor and Credit Market Frictions

Downloads 505 ( 55,240)
Citation 17

Macroeconomic Dynamics in a Model of Goods, Labor and Credit Market Frictions

Number of pages: 34 Posted: 21 Jun 2011 Last Revised: 08 Mar 2014
Nicolas Petrosky-Nadeau and Etienne Wasmer
Federal Reserve Banks - Federal Reserve Bank of San Francisco and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 453 (62,636)
Citation 8

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Macroeconomic Dynamics in a Model of Goods, Labor and Credit Market Frictions

IZA Discussion Paper No. 5763
Number of pages: 39 Posted: 20 Jun 2011
Nicolas Petrosky-Nadeau and Etienne Wasmer
Federal Reserve Banks - Federal Reserve Bank of San Francisco and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 52 (391,473)

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search, matching, business cycle, goods market imperfection

3.

The Macroeconomics of Labor and Credit Market Imperfections

IZA Discussion Paper No. 179
Number of pages: 48 Posted: 20 Nov 2000
Etienne Wasmer and Philippe Weil
Observatoire Français des Conjonctures Economiques (OFCE) and Université Libre de Bruxelles (ULB) - European Center for Advanced Research in Economics and Statistics (ECARES)
Downloads 411 (71,178)
Citation 2

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Credit and Search Frictions, Unemployment, Monetary Policy

4.

Interpreting Europe and Us Labor Markets Differences: The Specificity of Human Capital Investments

IZA Discussion Paper No. 549
Number of pages: 39 Posted: 30 Aug 2002
Etienne Wasmer
Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 267 (115,224)
Citation 2

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Training, Specific Human Capital, General Human Capital, Unemployment, Matching

5.

Labor Supply Dynamics, Unemployment and Human Capital Investments

IZA Discussion Paper No. 463
Number of pages: 28 Posted: 01 May 2002
Etienne Wasmer
Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 204 (150,377)

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Wage Inequality, Education, Experience, Labor Supply

6.

Links between Labor Supply and Unemployment: Theory and Empirics

CIRPEE Working Paper No. 06-15
Number of pages: 31 Posted: 30 Apr 2006
Etienne Wasmer
Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 168 (179,281)

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Unemployment, Labor market participation, Female participation

7.

Labor Market Efficiency, Wages and Employment When Search Frictions Interact with Intrafirm Bargaining

Downloads 144 (203,931)

Labor Market Efficiency, Wages and Employment When Search Frictions Interact with Intrafirm Bargaining

IZA Discussion Paper No. 304
Number of pages: 21 Posted: 19 Jun 2001
Pierre Cahuc and Etienne Wasmer
National Institute of Statistics and Economic Studies (INSEE) - National School for Statistical and Economic Administration (ENSAE) and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 129 (223,536)

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Unemployment, Wage Bargaining, Matching

Labor Market Efficiency, Wages and Employment When Search Frictions Interact with Intrafirm Bargaining

CEPR Discussion Paper No. 2812
Number of pages: 18 Posted: 30 May 2001
Pierre Cahuc and Etienne Wasmer
National Institute of Statistics and Economic Studies (INSEE) - National School for Statistical and Economic Administration (ENSAE) and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 15 (577,820)
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Overemployment, search, wage bargaining

8.

Between-Group Competition in the Labor Market and the Rising Returns to Skill: Us and France 1964-2000

Downloads 140 (208,638)
Citation 3

Between-Group Competition in the Labor Market and the Rising Returns to Skill: Us and France 1964-2000

IZA Discussion Paper No. 292
Number of pages: 58 Posted: 24 Apr 2001
Etienne Wasmer
Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 120 (236,204)

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Wage Inequality, Education, Experience, Labor Supply

Between-Group Competition in the Labor Market and the Rising Returns to Skill: Us and France 1964-2000

CEPR Discussion Paper No. 2798
Number of pages: 56 Posted: 17 May 2001
Etienne Wasmer
Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 20 (545,082)
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Education, experience, labor supply, wage inequality

9.

Labor Market Flows and Equilibrium Search Unemployment

IZA Discussion Paper No. 406
Number of pages: 41 Posted: 07 Dec 2001
Etienne Wasmer and Pietro Garibaldi
Observatoire Français des Conjonctures Economiques (OFCE) and Bocconi University - Department of Economics
Downloads 129 (222,748)

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Unemployment, Matching, Home Production

10.

Higher Education Levels, Firms' Outside Options and the Wage Structure

Downloads 126 (226,710)
Citation 1

Higher Education Levels, Firms' Outside Options and the Wage Structure

IZA Discussion Paper No. 420
Number of pages: 30 Posted: 08 Feb 2002
Asa Rosen and Etienne Wasmer
Stockholm University - Swedish Institute for Social Research (SOFI) and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 87 (295,108)

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Wage Inequality, Matching, Creation Costs, Firing Costs

Higher Education Levels, Firms' Outside Options and the Wage Structure

Labour, Vol. 19, No. 4, pp. 621-654, December 2005
Number of pages: 34 Posted: 07 Jan 2006
Asa Rosen and Etienne Wasmer
Stockholm University - Swedish Institute for Social Research (SOFI) and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 22 (532,104)
Citation 1
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Higher Education Levels, Firms' Outside Options and the Wage Structure

CEPR Discussion Paper No. 3186
Number of pages: 31 Posted: 26 Feb 2002
Asa Rosen and Etienne Wasmer
Stockholm University - Swedish Institute for Social Research (SOFI) and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 17 (564,656)
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Wage inequality, matching, creation costs, firing costs

11.

Are Specific Skills an Obstacle to Labor Market Adjustment? Theory and an Application to the EU Enlargement

ECB Working Paper No. 585
Number of pages: 59 Posted: 10 Feb 2006
Ana Lamo, Julián Messina and Etienne Wasmer
European Central Bank (ECB), University of Girona and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 124 (229,534)

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Matching, Labor Reallocation, Specific Skills, Enlargement, Vocational Education

12.

Shopping Time

Number of pages: 33 Posted: 24 Sep 2014
Nicolas Petrosky-Nadeau, Etienne Wasmer and Shutian Zeng
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Observatoire Français des Conjonctures Economiques (OFCE) and Carnegie Mellon University - David A. Tepper School of Business
Downloads 113 (245,680)
Citation 1

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Goods market search, time allocation, American Time Use Survey, business cycles.

13.

The Economics of Prozac: Do Employees Really Gain from Strong Employment Protection?

Downloads 103 (262,185)

The Economics of Prozac: Do Employees Really Gain from Strong Employment Protection?

IZA Discussion Paper No. 2460
Number of pages: 59 Posted: 01 Dec 2006
Etienne Wasmer
Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 87 (295,108)

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stress at work, employment protection, personnel economics

The Economics of Prozac (Do Employees Really Gain from Strong Employment Protection?)

CEPR Discussion Paper No. 5991
Number of pages: 60 Posted: 02 Feb 2007
Etienne Wasmer
Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 16 (571,213)
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Employment protection, stress at work, personnel economics

14.

Space, Search and Efficiency

IZA Discussion Paper No. 181
Number of pages: 33 Posted: 21 Nov 2000
Etienne Wasmer and Yves Zenou
Observatoire Français des Conjonctures Economiques (OFCE) and Monash University - Department of Economics
Downloads 94 (278,570)

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Local labor markets, job access, job matching, welfare

15.

Local Social Capital and Geographical Mobility: A Theory

IZA Discussion Paper No. 3668
Number of pages: 40 Posted: 01 Sep 2008
Quentin David, Alexandre Janiak and Etienne Wasmer
Université Libre de Bruxelles (ULB), University of Chile and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 67 (340,251)

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European unemployment, geographical mobility, social capital

16.

Housing and the Labor Market: Time to Move and Aggregate Unemployment

IZA Discussion Paper No. 4172
Number of pages: 39 Posted: 26 May 2009
Peter Rupert and Etienne Wasmer
University of California, Santa Barbara (UCSB) - Department of Economics and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 65 (345,618)
Citation 1

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unemployment, housing market imperfections, labor search frictions, commuting costs

17.

Equilibrium Search Unemployment with Explicit Spatial Frictions

Downloads 65 (345,618)
Citation 9

Equilibrium Search Unemployment with Explicit Spatial Frictions

IZA Discussion Paper No. 1465
Number of pages: 31 Posted: 21 Jan 2005
Etienne Wasmer and Yves Zenou
Observatoire Français des Conjonctures Economiques (OFCE) and Monash University - Department of Economics
Downloads 50 (398,634)

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local labour markets, relocation costs, search effort, job matching

Equilibrium Search Unemployment with Explicit Spatial Frictions

CEPR Discussion Paper No. 4743
Number of pages: 32 Posted: 31 Jan 2005
Etienne Wasmer and Yves Zenou
Observatoire Français des Conjonctures Economiques (OFCE) and Monash University - Department of Economics
Downloads 15 (577,820)
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Local labor markets, relocation costs, search effort, job matching

18.

Raising Female Employment: Reflexions and Policy Tools

IZA Discussion Paper No. 951; IGIER Working Paper No. 250
Number of pages: 17 Posted: 09 Jan 2004
Pietro Garibaldi and Etienne Wasmer
Bocconi University - Department of Economics and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 57 (369,100)

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employment rate, market frictions, labour market policy

19.

Layoff Costs and Efficiency with Asymmetric Information

IZA Discussion Paper No. 4524
Number of pages: 12 Posted: 09 Nov 2009
Alain Delacroix and Etienne Wasmer
University of Quebec at Montreal (UQAM) and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 54 (378,727)

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bargaining, asymmetric information, employment protection legislation, inefficient job separations

20.

Commuting, Wages and Bargaining Power

IZA Discussion Paper No. 4510
Number of pages: 30 Posted: 09 Nov 2009
Peter Rupert, Elena Stancanelli and Etienne Wasmer
University of California, Santa Barbara (UCSB) - Department of Economics, Paris School of Economics (PSE) and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 49 (395,382)

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simultaneous equations, search model, commuting

21.

Better Residential than Ethnic Discrimination! Reconciling Audit's Findings and Interviews' Findings in the Parisian Housing Market

Number of pages: 41 Posted: 08 Dec 2014 Last Revised: 30 Jan 2015
François Bonnet, Etienne Lalé, Mirna Safi and Etienne Wasmer
CNRS, Pacte, University of Quebec at Montreal (UQAM) - Université du Québec à Montréal, Sciences Po - Observatoire sociologique du changement (OSC) and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 41 (424,280)

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Discrimination, Neighborhood Effects, Housing Market

22.

Raising Female Employment: Reflections and Policy Tools

IGIER Working Paper No. 250
Number of pages: 12 Posted: 03 Jan 2004
Pietro Garibaldi and Etienne Wasmer
Bocconi University - Department of Economics and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 37 (440,585)

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23.

Employment Protection and Capital-Labor Ratios

IZA Discussion Paper No. 8362
Number of pages: 37 Posted: 02 Aug 2014
Alexandre Janiak and Etienne Wasmer
University of Chile and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 36 (444,780)

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employment protection, specific skills, unemployment, capital-labor ratios

24.

Interpreting European and Us Labour Market Differences: The Specificity of Human Capital Investments

CEPR Discussion Paper No. 3780
Number of pages: 40 Posted: 03 Apr 2003
Etienne Wasmer
Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 32 (462,156)
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Training, specific human capital, general human capital, unemployment, matching

25.

Local Social Capital and Geographical Mobility: Some Empirics and a Conjecture on the Nature of European Unemployment

IZA Discussion Paper No. 3669
Number of pages: 34 Posted: 01 Sep 2008
Quentin David, Alexandre Janiak and Etienne Wasmer
Université Libre de Bruxelles (ULB), University of Chile and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 31 (466,804)

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European unemployment, geographical mobility, social capital

26.

Frictional Unemployment with Stochastic Bubbles

Downloads 26 (492,342)

Frictional Unemployment with Stochastic Bubbles

Number of pages: 71 Posted: 02 Oct 2016 Last Revised: 13 Jun 2017
Guillaume Vuillemey and Etienne Wasmer
HEC Paris - Finance Department and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 21 (538,555)

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Unemployment Volatility, Labor Frictions, Bubbles

Frictional Unemployment with Stochastic Bubbles

IZA Discussion Paper No. 10265
Number of pages: 75 Posted: 10 Oct 2016
Guillaume Vuillemey and Etienne Wasmer
HEC Paris - Finance Department and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 5 (648,643)

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unemployment volatility, labor frictions, bubbles

27.

Are Specific Skills an Obstacle to Labor Market Adjustment?

IZA Discussion Paper No. 5250
Number of pages: 37 Posted: 25 Oct 2010
Ana Lamo, Julián Messina and Etienne Wasmer
European Central Bank (ECB), University of Girona and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 26 (492,342)

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transition countries, vocational education, specific skills, EU enlargement

28.

A Steady-State Model of a Non-Walrasian Economy with Three Imperfect Markets

IZA Discussion Paper No. 5758
Number of pages: 44 Posted: 20 Jun 2011
Etienne Wasmer
Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 21 (520,926)

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search, matching, unemployment, goods market imperfections

29.

A Theory of Wages and Labor Demand with Intra-Firm Bargaining and Matching Frictions

Downloads 17 (526,800)
Citation 31

A Theory of Wages and Labor Demand with Intra-Firm Bargaining and Matching Frictions

CEPR Discussion Paper No. 4605
Number of pages: 46 Posted: 26 Oct 2004
Pierre Cahuc and Etienne Wasmer
National Institute of Statistics and Economic Studies (INSEE) - National School for Statistical and Economic Administration (ENSAE) and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 17 (564,656)
Citation 2
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Strategic wage bargaining, intra-firm bargaining, search and matching, unemployment, over-employment

30.

The Macroeconomics of Labour and Credit Market Imperfections

CEPR Discussion Paper No. 3334
Number of pages: 40 Posted: 23 May 2002
Etienne Wasmer and Philippe Weil
Observatoire Français des Conjonctures Economiques (OFCE) and Université Libre de Bruxelles (ULB) - European Center for Advanced Research in Economics and Statistics (ECARES)
Downloads 20 (526,800)
Citation 3
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Credit and search frictions, unemployment, monetary policy, capitalism

31.

Are Specific Skills an Obstacle to Labour Market Adjustment? Theory and an Application to the EU Enlargement

CEPR Discussion Paper No. 5503
Number of pages: 47 Posted: 30 May 2006
Etienne Wasmer, Julián Messina and Ana Lamo
Observatoire Français des Conjonctures Economiques (OFCE), University of Girona and European Central Bank (ECB)
Downloads 15 (556,280)
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Matching, labour reallocation, specific skills, enlargement, vocational education, unemployment

32.

Ethnic Unemployment Rates and Frictional Markets

Downloads 14 (562,503)
Citation 1

Ethnic Unemployment Rates and Frictional Markets

IZA Discussion Paper No. 7448
Number of pages: 36 Posted: 22 Jun 2013
Laurent Gobillon, Peter Rupert and Etienne Wasmer
National Institute of Statistics and Economic Studies (INSEE) - Center for Research in Economics and Statistics (CREST), University of California, Santa Barbara (UCSB) - Department of Economics and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 14 (584,755)

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spatial mismatch hypotheses, commuting, job acceptance, ethnic unemployment rates

Ethnic Unemployment Rates and Frictional Markets

CEPR Discussion Paper No. DP9507
Number of pages: 37 Posted: 21 Jun 2013
Laurent Gobillon, Peter Rupert and Etienne Wasmer
National Institute of Statistics and Economic Studies (INSEE) - Center for Research in Economics and Statistics (CREST), University of California, Santa Barbara (UCSB) - Department of Economics and Observatoire Français des Conjonctures Economiques (OFCE)
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discrimination, ethnic groups, local markets, matching model

33.

Frictional Unemployment with Stochastic Bubbles

CEPR Discussion Paper No. DP11561
Number of pages: 75 Posted: 10 Oct 2016
Guillaume Vuillemey and Etienne Wasmer
HEC Paris and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 0 (674,279)
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bubbles, labor frictions, Unemployment volatility