La revalorisation automatique du SMIC
AbstractContrary to most European countries, indexation rules of the French minimum wage are very precise. However, three possible rules are consistent with the texts, which diverge in particular in periods of deflation or of negative growth of real wages. The alternative interpretations can have a large impact on the dynamics of the minimum wage, on the dynamics of real wages compared to productivity and on the bottom of the wage distribution. This note examines the three rules and recommends the optimal one, which appear to be most robust to alternative scenarios of inflation and deflation. JEL classification codes: J3, J5, J50.
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Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue de l'OFCE.
Volume (Year): n° 112 (2010)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://www.cairn.info/revue-de-l-ofce.htm
minimum wage; wage dynamics; wage-price spiral; inflation;
Other versions of this item:
- Cette, Gilbert & Etienne, Wasmer, 2009.
"La revalorisation automatique du SMIC
[Automatic indexation rules of the French minimum wage (SMIC)]," MPRA Paper 18855, University Library of Munich, Germany.
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
- J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining
- J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Yann Algan & Pierre Cahuc & Philippe Aghion, 2008.
"Can Policy influence culture? Minimum Wage and the Quality of Labor relations,"
2008 Meeting Papers
574, Society for Economic Dynamics.
- Aghion, Philippe & Algan, Yann & Cahuc, Pierre, 2008. "Can Policy Influence Culture? Minimum Wage and the Quality of Labor Relations," CEPREMAP Working Papers (Docweb) 0801, CEPREMAP.
- Guillaume Horny & Hervé Le Bihan, 2010. "Volatilité macroéconomique et règle d'indexation du SMIC," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 161-168.
- Pierre Cahuc & Cette Gilbert & André Zylberberg, 2008. "Salaire minimum et bas revenus," UniversitÃ© Paris1 PanthÃ©on-Sorbonne (Post-Print and Working Papers) halshs-00638149, HAL.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- règles de revalorisation du smic
by Etienne Wasmer in Blog d'un économiste du travail on 2009-12-08 10:12:00
- Cette, Gilbert & Chouard, Valérie & Verdugo, Gregory, 2013.
"Minimum Wage and the Average Wage in France: A Circular Relationship?,"
IZA Discussion Papers
7502, Institute for the Study of Labor (IZA).
- Gilbert Cette & Valérie Chouard & Gregory Verdugo, 2013. "Minimum wage and the average wage in France: a circular relationship?," Economics Bulletin, AccessEcon, vol. 33(3), pages 1832-1839.
- Pauline Givord & Yann Algan, 2011. "Essay on Four Issues in Public Policy Evaluation," Sciences Po publications info:hdl:2441/53r60a8s3ku, Sciences Po.
- R. Aeberhardt & P. Givord & C. Marbot, 2012. "Spillover Effect of the Minimum Wage in France: An Unconditional Quantile Regression Approach," Documents de Travail de la DESE - Working Papers of the DESE g2012-07, Institut National de la Statistique et des Etudes Economiques, DESE.
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