caa a22 4500 386395969 CHVBK 20180307112138.0 cr unu---uuuuu 161130s1989 xx s 000 0 eng 10.1017/S0770451800031584 doi S0770451800031584 pii (NATIONALLICENCE)cambridge-10.1017/S0770451800031584 Dormont Brigitte Université Paris-Dauphine et Direction de la Prévision Employment in Disequilibrium: a Disaggregated Approach on a Panel of French Firms [Elektronische Daten] [Brigitte Dormont] 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 enable us to characterize classical firms as being particularly good performers: they have more rapid growth, younger productive plant and higher productivity gains and profitability. Classical firms stand out, with respect to their production function, by higher growth rate of disembodied technical progress and, with respect to their accumulation behaviour, by more rapid investment and replacement rates which lead to the rejuvenation of their capital stock. But the production-employment elasticities and production-capital elasticities, as well as the accelerator, are identical for classical and Keynesian firms. Copyright © Université catholique de Louvain, Institut de recherches économiques et sociales 1989 820 nationallicence 820 nationallicence Recherches Economiques De Louvain / Louvain Economic Review Cambridge University Press 55/1(1989), 61-93 0770-4518 55:1<61 1989 55 LER https://doi.org/10.1017/S0770451800031584 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1017/S0770451800031584 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Dormont Brigitte Université Paris-Dauphine et Direction de la Prévision NATIONALLICENCE 773 0- Recherches Economiques De Louvain / Louvain Economic Review Cambridge University Press 55/1(1989), 61-93 0770-4518 55:1<61 1989 55 LER CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence SWISSBIB 216295211 BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge