Minimum wage and the average wage in France: a circular relationship?
AbstractThis paper investigates whether increases in the minimum wage in France have the same impact on the average wage when intended to preserve the purchasing power of the minimum wage as when intended to raise it. We find that the impact of the minimum wage on the average wage is strong, but differs depending on the indexation factor. We also find some empirical evidence of circularity between the average wage and the minimum wage.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 33 (2013)
Issue (Month): 3 ()
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Minimum Wage; Average Wage; France;
Other versions of this item:
- 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).
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
- J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining
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.:
- Gilbert Cette & Étienne Wasmer, 2010.
"La revalorisation automatique du SMIC,"
Revue de l'OFCE,
Presses de Sciences-Po, vol. 0(1), pages 139-159.
- 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.
- Cette, Gilbert & Etienne, Wasmer, 2009. "La revalorisation automatique du SMIC
- Patrick Sevestre & Pierre Blanchard, 1989. "L'indexation des salaires : quelle rupture en 1982 ?," Économie et Prévision, Programme National Persée, vol. 87(1), pages 67-74.
- Griliches, Zvi & Hausman, Jerry A., 1986.
"Errors in variables in panel data,"
Journal of Econometrics,
Elsevier, vol. 31(1), pages 93-118, February.
- repec:hal:cesptp:halshs-00638149 is not listed on IDEAS
- Verdugo, Gregory, 2014. "The Great Compression of the French Wage Structure, 1969-2008," IZA Discussion Papers 8088, Institute for the Study of Labor (IZA).
- Arni, Patrick & Eichhorst, Werner & Pestel, Nico & Spermann, Alexander & Zimmermann, Klaus F., 2014. "Kein Mindestlohn ohne unabhängige wissenschaftliche Evaluation," IZA Standpunkte 65, Institute for the Study of Labor (IZA).
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