Salaires individuels et évolutions macroéconomiques en France
This paper combines micro and macroeconomic approaches in analysing the determinants of long-term wage changes in France. Beginning with a descriptive analysis, our study draws attention to the inter and intra-generational wage differentials observed over the last fifty years. This is followed by the estimation of earning functions on individual careers by introducing macroeconomic variables. Results show that changes in wage formation are explained simultaneously by the impact of individual characteristics and the effects of the business cycle. We use an administrative panel dataset of contributors to the Social Security System. The salaried workers affiliated to the basic scheme represents about two thirds of the french working population. Our sample contains nearly two million observations concerning more than 100,000 individuals from 1935 to 1979 birth cohorts, observed from 1947 to 2000. JEL Codes: C24, C81, J31, E32.