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Salaire minimum, croissance et bien-être

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  • Pierre Cahuc
  • Philippe Michel

Abstract

[eng] In this paper, it is shown that an economy with a minimum wage is not necessarily less efficient than a competitive economy if there are externalities associated with human capital accumulation. A minimum wage can increase human capital accumulation, which has positive conséquences on growth and welfare. [fre] Cet article montre qu'une économie avec un salaire minimum n'est pas néces­sairement moins efficace qu'une économie concurrentielle, s'il existe des extema-lités positives associées à l'accumulation de capital humain. Le salaire minimum peut en effet accentuer l'accumulation de capital humain et avoir des conséquen­ces favorables sur la croissance et le bien-être.

Suggested Citation

  • Pierre Cahuc & Philippe Michel, 1995. "Salaire minimum, croissance et bien-être," Revue Économique, Programme National Persée, vol. 46(3), pages 585-594.
  • Handle: RePEc:prs:reveco:reco_0035-2764_1995_num_46_3_409665
    DOI: 10.3406/reco.1995.409665
    Note: DOI:10.3406/reco.1995.409665
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    6. Brown, Charles, 1988. "Minimum Wage Laws: Are They Overrated?," Journal of Economic Perspectives, American Economic Association, vol. 2(3), pages 133-145, Summer.
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    Cited by:

    1. Nicolas Bauduin & Joël Hellier, 2006. "Skill Dynamics, Inequality and Social Policies," Working Papers 34, ECINEQ, Society for the Study of Economic Inequality.

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