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.

MoreLess

Year of publication:	2013-07-13
Authors:	Cette, Gilbert ; Chouard, Valérie ; Verdugo, Gregory
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 33.2013, 3, p. 1832-1839
Publisher:	AccessEcon
Subject:	Minimum Wage \| Average Wage \| France

More details

Extent:	application/pdf
Type of publication:	Article
Classification:	J3 - Wages, Compensation, and Labor Costs ; J5 - Labor-Management Relations, Trade Unions, and Collective Bargaining
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010836022