Minimum Wage and the Labor Market: What Can We Learn from the French Experience?

Jérôme Gautié () and Patrice Laroche
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Jérôme Gautié: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, CEPREMAP - Centre pour la recherche économique et ses applications - ECO ENS-PSL - Département d'économie de l'ENS-PSL - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: Since it was introduced in 1950, and even more since it was reformed in 1970, the statutory minimum wage has been playing a key role in the French labor market. It has very specific fixing mechanisms, and from the eighties, it has been one of the highest among the OECD countries - both in relative and absolute terms. After presenting the specific features of the minimum wage setting regime in France as well as the minimum wage policies implemented since the 1950s, we provide a comprehensive survey of existing empirical evidence on the impacts of the minimum wage on the French labor market. We use a meta-analysis to draw the lessons from the empirical studies on its effects on employment. We also survey the other potential effects, such as the impact on wage bargaining and other wages, on inequalities, on profit and prices, on working conditions.

Keywords: Minimum wage; wage bargaining; wage regulation; salaire minimum; France; négociation salariale; réglementation des salaires (search for similar items in EconPapers)
Date: 2018-07
New Economics Papers: this item is included in nep-his and nep-lab
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01842434v1
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Citations: View citations in EconPapers (2)

Published in 2018

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Related works:
Working Paper: Minimum Wage and the Labor Market: What Can We Learn from the French Experience? (2018)
Working Paper: Minimum Wage and the Labor Market: What Can We Learn from the French Experience? (2018)
Working Paper: Minimum Wage and the Labor Market: What Can We Learn from the French Experience? (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:halshs-01842434

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