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Salaire minimum, emploi et productivité dans une perspective post-keynésienne

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  • Seccareccia, Mario

    (Département de science économique, Université d’Ottawa)

Abstract

The purpose of this article is to provide a post-keynesian analytical framework for evaluating the impact of minimum wages on employment. After describing briefly the post-keynesian macroeconomic theory of the labour market, emphasis is then placed on the critical second-round productivity effects that changes in minimum wages can have on employment. A short empirical assessment of the wage-employment-productivity link, using Canadian observations for the period 1961-88, is undertaken in the concluding section of the article. L’objectif de cet article est de présenter un cadre analytique d’inspiration post-keynésienne pour évaluer l’impact du salaire minimum sur l’emploi. Après un bref aperçu de la théorie macroéconomique post-keynésienne du marché du travail, nous examinons les effets indirects que les changements du salaire minimum peuvent avoir sur l’emploi par l’entremise de leur impact sur la productivité. Dans la conclusion, nous nous penchons brièvement sur le lien empirique salaire-emploi-productivité en utilisant des données canadiennes touchant la période 1961-88.

Suggested Citation

  • Seccareccia, Mario, 1991. "Salaire minimum, emploi et productivité dans une perspective post-keynésienne," L'Actualité Economique, Société Canadienne de Science Economique, vol. 67(2), pages 166-191, juin.
  • Handle: RePEc:ris:actuec:v:67:y:1991:i:2:p:166-191
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    References listed on IDEAS

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    1. Sidney Webb, 1912. "The Economic Theory of a Legal Minimum Wage," Journal of Political Economy, University of Chicago Press, vol. 20, pages 973-973.
    2. M. W. Keil & J. S. V. Symons, 1990. "An Analysis of Canadian Unemployment," Canadian Public Policy, University of Toronto Press, vol. 16(1), pages 1-16, March.
    3. Mincer, Jacob, 1976. "Unemployment Effects of Minimum Wages," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 87-104, August.
    4. Brown, Charles & Gilroy, Curtis & Kohen, Andrew, 1982. "The Effect of the Minimum Wage on Employment and Unemployment," Journal of Economic Literature, American Economic Association, vol. 20(2), pages 487-528, June.
    5. Linneman, Peter, 1982. "The Economic Impacts of Minimum Wage Laws: A New Look at an Old Question," Journal of Political Economy, University of Chicago Press, vol. 90(3), pages 443-469, June.
    6. George A. Akerlof, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, Oxford University Press, vol. 97(4), pages 543-569.
    7. Nickell, Stephen J & Symons, James, 1990. "The Real Wage-Employment Relationship in the United States," Journal of Labor Economics, University of Chicago Press, vol. 8(1), pages 1-15, January.
    8. Brown, Charles, 1988. "Minimum Wage Laws: Are They Overrated?," Journal of Economic Perspectives, American Economic Association, vol. 2(3), pages 133-145, Summer.
    9. Ashenfelter, Orley & Card, David, 1986. "Why Have Unemployment Rates in Canada and the United States Diverged?," Economica, London School of Economics and Political Science, vol. 53(210(S)), pages 171-195, Supplemen.
    10. Lewis, W Arthur, 1979. "The Dual Economy Revisited," The Manchester School of Economic & Social Studies, University of Manchester, vol. 47(3), pages 211-229, September.
    11. Robert Dixon, 1980. "Relative Wages and Employment Theory," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 2(2), pages 181-192, January.
    12. A. Asimakopulos, 1975. "A Kaleckian Theory of Income Distribution," Canadian Journal of Economics, Canadian Economics Association, vol. 8(3), pages 313-333, August.
    13. Borooah, V K & Sharpe, D R, 1986. "Aggregate Consumption and the Distribution of Income in the United Kingdom: An Econometric Analysis," Economic Journal, Royal Economic Society, vol. 96(382), pages 449-466, June.
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    Cited by:

    1. Marc Lavoie & Gabriel Rodriguez & Mario Seccareccia, 2004. "Similitudes and Discrepancies in Post-Keynesian and Marxist Theories of Investment: A Theoretical and Empirical Investigation," International Review of Applied Economics, Taylor & Francis Journals, vol. 18(2), pages 127-149.
    2. Hassan Bougrine & Mario Seccareccia, 1999. "Unemployment Insurance and Unemployment: An analysis of the aggregate demand-side effects for postwar Canada," International Review of Applied Economics, Taylor & Francis Journals, vol. 13(1), pages 5-21.

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