IDEAS home Printed from https://ideas.repec.org/a/cai/refaef/ecofi_128_0077.html
   My bibliography  Save this article

Inégalité et compétitivité : quelques considérations

Author

Listed:
  • Jean-Paul Fitoussi
  • Francesco Saraceno

Abstract

The increase of inequality since the 1990s further accelerated with the crisis of 2008. If this has finally triggered a consensus view that we should fight inequality, few see the contradiction between the contrast to combat inequality (the uneven distribution of income) and the emphasis, especially in Europe, on structural reforms, specially on the labour market. This article looks into this contradiction by noting that just looking at stylized facts one can show that increasing polarization of income does not lead to higher investment, nor to more competitiveness. In fact, the analysis of the German model shows that there is much more than price competitiveness at stake. Contrasting inequality should therefore be given priority with respect to wage moderation policies or even wage deflation. Classification JEL: E22, E52, E64.

Suggested Citation

  • Jean-Paul Fitoussi & Francesco Saraceno, 2017. "Inégalité et compétitivité : quelques considérations," Revue d'économie financière, Association d'économie financière, vol. 0(4), pages 77-89.
  • Handle: RePEc:cai:refaef:ecofi_128_0077
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_128_0077
    Download Restriction: free

    File URL: http://www.cairn.info/revue-d-economie-financiere-2017-4-page-77.htm
    Download Restriction: free
    ---><---

    Other versions of this item:

    More about this item

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:refaef:ecofi_128_0077. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://www.cairn.info/revue-d-economie-financiere.htm .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-d-economie-financiere.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.