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: Université Paris 1 Panthéon-Sorbonne - Centre d'Economie de la Sorbonne, https://centredeconomiesorbonne.univ-paris1.fr

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

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; France; wage bargaining; wage regulation (search for similar items in EconPapers)
JEL-codes: C18 J23 J31 J32 J38 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2018-07
New Economics Papers: this item is included in nep-eur and nep-his
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Citations: View citations in EconPapers (2)

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ftp://mse.univ-paris1.fr/pub/mse/CES2018/18019.pdf (application/pdf)

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:mse:cesdoc:18019

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