Wage rigidity, collective bargaining and the minimum wage: evidence from French agreement data

Sanvi Avouyi-Dovi, D. Foug re and Erwan Gautier
Authors registered in the RePEc Author Service: Denis Fougere

Working papers from Banque de France

Abstract: We highlight different stylized facts concerning wage stickiness. First, in France, the typical duration of a wage agreement is one year. Consequently, a Taylor (1980) -type model appears to reproduce appropriately the distribution of agreement durations. Some 30 percent of settlements stipulate several predetermined wage changes during the year following the date of signature of the agreement. The frequency of wage agreements is highly seasonal, but the dates at which agreements take effect are more staggered. The date at which the national minimum wage level is revised each year has a significant impact on the timetable of wage agreements, both at the firm- and at the industry-levels. Wage increases negotiated at these two levels mainly depend on the inflation regime, the firm profitability and the proportion of minimum-wage workers in the same industry.

Keywords: Wage Stickiness; Wage Bargaining; Minimum Wage; Downward nominal Wage Rigidity. (search for similar items in EconPapers)
JEL-codes: E30 J31 J50 (search for similar items in EconPapers)
Pages: 52 pages
Date: 2010
New Economics Papers: this item is included in nep-cba and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
https://publications.banque-france.fr/sites/defaul ... g-paper_287_2010.pdf (application/pdf)

Related works:
Journal Article: Wage Rigidity, Collective Bargaining, and the Minimum Wage: Evidence from French Agreement Data (2013)
Working Paper: Wage Rigidity, Collective Bargaining and the Minimum Wage: Evidence from French Agreement Data (2013)
Working Paper: Wage Rigidity, Collective Bargaining and the Minimum Wage: Evidence from French Agreement Data (2011)
Working Paper: Wage Rigidity, Collective Bargaining and the Minimum Wage: Evidence from French Agreement Data (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bfr:banfra:287

Access Statistics for this paper

More papers in Working papers from Banque de France Banque de France 31 Rue Croix des Petits Champs LABOLOG - 49-1404 75049 PARIS. Contact information at EDIRC.
Bibliographic data for series maintained by Michael brassart ().