English
This article deals with an extension of the matching model with a heterogeneous labour factor. It describes a model of the labour market disaggregated into several qualifications, specifying the microeconomic bases of wage formation for each. Calibrated using data on the French economy, it can be used to evaluate a range of economic policy measures, such as an increase in the minimum wage and exemptions from social security contributions targeting the low-paid.
Keywords
- matching model
- minimum wage
- social security relief
- heterogeneity
- deskilling