Minimum wage and the average wage in France: a circular relationship?
This 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.
Volume (Year): 33 (2013)
Issue (Month): 3 ()
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"Errors in variables in panel data,"
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- Cette, Gilbert & Etienne, Wasmer, 2009.
"La revalorisation automatique du SMIC
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- Gilbert Cette & Etienne Wasmer, 2012. "Les enjeux des changements de règles de revalorisation automatique du SMIC," Sciences Po publications 5, Sciences Po.
- Gregory Verdugo & Henri Fraisse & Guillaume Horny, 2012. "Évolution des inégalités salariales en France. Le rôle des effets de composition," Revue économique, Presses de Sciences-Po, vol. 63(6), pages 1081-1112.
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