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Wage Distribution and Unemployment: The French Experience

Author

Listed:
  • Jean-Paul Fitoussi

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

The increase in unemployment in Europe is often traced, at least partially, to the existence of some rigidities in the labor market. It is common wisdom that wage inflexibilitya nd labor-marketin stitutionsi ncrease the cost in terms of unemployment of adapting to shocks. In particular, minimum- wage legislation is seen to have an important responsibility in countries where it is binding. Such legislation may have at least two, non-mutually-exclusivee,f fects. It may prevent wage distribution from adjusting, counteracting an increase in wage inequality, and/or it may lead to mounting unemployment in the low-skill segment of the labor market (...).

Suggested Citation

  • Jean-Paul Fitoussi, 1994. "Wage Distribution and Unemployment: The French Experience," Post-Print hal-01016786, HAL.
    • Handle: RePEc:hal:journl:hal-01016786
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-01016786
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    Citations

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    Cited by:

    1. Jean-Paul Fitoussi, 2006. "Macroeconomic Policies and Institutions," 'Angelo Costa' Lectures Serie, SIPI Spa, issue Lect. VII.
    2. Jean-Paul Fitoussi, 2005. "Politiche macroeconomiche e istituzioni : lezione 'Angelo Costa'," Sciences Po Economics Publications (main) hal-03459053, HAL.
    3. Henri Sterdyniak & Pierre Villa & Département analyse et prévision de l'OFCE, 1998. "Pour une réforme du financement de la Sécurité sociale," Revue de l'OFCE, Programme National Persée, vol. 67(1), pages 155-205.
    4. Alena Bicakova, 2006. "Market vs. Institutions: The Trade-off Between Unemployment and Wage Inequality Revisited," Economics Working Papers ECO2006/31, European University Institute.
    5. repec:spo:wpmain:info:hdl:2441/5639 is not listed on IDEAS
    6. Alena Bicáková, 2005. "Unemployment Versus Inactivity: An Analysis of the Earnings and Labor Force Status of Prime Age Men in France, the UK, and the US at the End of the 20th Century," LIS Working papers 412, LIS Cross-National Data Center in Luxembourg.
    7. Jean-Paul Fitoussi, 2000. "Allégements des charges sur les bas salaires," Revue de l'OFCE, Programme National Persée, vol. 74(1), pages 33-51.
    8. C. Y. Kelvin Yuen & Ping Wang, 2019. "Minimum Wage in a Multi-Tier Search and Wage-Posting Model with Cross-Market Substitutions," NBER Working Papers 26378, National Bureau of Economic Research, Inc.
    9. Gautié, Jérôme, 2015. "D'un siècle à l'autre, salaire minimum, science économique et débat public aux États-Unis, en France et au Royaume-Uni (1890-2015)," CEPREMAP Working Papers (Docweb) 1518, CEPREMAP.
    10. repec:spo:wpmain:info:hdl:2441/4003 is not listed on IDEAS
    11. repec:spo:wpmain:info:hdl:2441/4601 is not listed on IDEAS
    12. Männasoo, Kadri, 2022. "Working hours and gender wage differentials: Evidence from the American Working Conditions Survey," Labour Economics, Elsevier, vol. 76(C).
    13. Gustavo Canavire-Bacarreza & Luis C. Carvajal-Osorio, 2020. "Two Stories of Wage Dynamics in Latin America: Different Policies, Different Outcomes," Journal of Labor Research, Springer, vol. 41(1), pages 128-168, June.
    14. repec:spo:wpmain:info:hdl:2441/5281 is not listed on IDEAS
    15. Jean-Paul Fitoussi, 2007. "Le rôle des institutions et des normes sociales dans la détermination des politiques économiques," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(3), pages 109-124.
    16. Oznur Ozdamar & Eleftherios Giovanis & Cansu Dağlıoğlu & Cemaleddin Gerede, 2021. "The effect of the 2008 employment support programme on young men’s labour market outcomes in Turkey: Evidence from a regression discontinuity design," Manchester School, University of Manchester, vol. 89(3), pages 276-296, June.
    17. Alessandra Brito & Miguel Foguel & Celia Kerstenetzky, 2017. "The contribution of minimum wage valorization policy to the decline in household income inequality in Brazil: A decomposition approach," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 40(4), pages 540-575, October.
    18. Daiji KAWAGUCHI & Yuko MORI, 2008. "Stable Wage Distribution in Japan, 1982-2002: A Counter Example for SBTC?," Discussion papers 08020, Research Institute of Economy, Trade and Industry (RIETI).
    19. repec:spo:wpecon:info:hdl:2441/5281 is not listed on IDEAS
    20. Jean-Paul Fitoussi, 2000. "Payroll tax reductions for the low paid," Post-Print hal-00972903, HAL.
    21. repec:spo:wpecon:info:hdl:2441/4601 is not listed on IDEAS
    22. repec:spo:wpecon:info:hdl:2441/5639 is not listed on IDEAS

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