Salaire minimum, croissance et bien-être

Pierre Cahuc and Philippe Michel

Revue Économique, 1995, vol. 46, issue 3, 585-594

Abstract: [eng] In this paper, it is shown that an economy with a minimum wage is not necessarily less efficient than a competitive economy if there are externalities associated with human capital accumulation. A minimum wage can increase human capital accumulation, which has positive conséquences on growth and welfare. [fre] Cet article montre qu'une économie avec un salaire minimum n'est pas néces­sairement moins efficace qu'une économie concurrentielle, s'il existe des extema-lités positives associées à l'accumulation de capital humain. Le salaire minimum peut en effet accentuer l'accumulation de capital humain et avoir des conséquen­ces favorables sur la croissance et le bien-être.

Date: 1995
Note: DOI:10.3406/reco.1995.409665
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