Minimum wage and the average wage in France: a circular relationship?

Gilbert Cette, Valérie Chouard and Gregory Verdugo

Economics Bulletin, 2013, vol. 33, issue 3, 1832-1839

Abstract: 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.

Keywords: Minimum Wage; Average Wage; France (search for similar items in EconPapers)
JEL-codes: J3 J5 (search for similar items in EconPapers)
Date: 2013-07-13
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Citations: View citations in EconPapers (6)

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Related works:
Working Paper: Minimum wage and the average wage in France: a circular relationship? (2013)
Working Paper: Minimum Wage and the Average Wage in France: A Circular Relationship? (2013)
Working Paper: Minimum Wage and the Average Wage in France: A Circular Relationship? (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-13-00422

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