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

Gilbert Cette, Valérie Chouard and Gregory Verdugo

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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: France; minimum wage; average wage (search for similar items in EconPapers)
Date: 2013
Note: View the original document on HAL open archive server: https://hal.science/hal-01263962
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Citations: View citations in EconPapers (7)

Published in Economics Bulletin, 2013, 33 (3), pp.1832-1839

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Related works:
Journal Article: 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)
Working Paper: The Effect of the Minimum Wage on the Average Wage in France (in French) (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01263962

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