• xmlui.mirage2.page-structure.header.title
    • français
    • English
  • Help
  • Login
  • Language 
    • Français
    • English
View Item 
  •   BIRD Home
  • LEDa (UMR CNRS 8007, UMR IRD 260)
  • LEDa : Publications
  • View Item
  •   BIRD Home
  • LEDa (UMR CNRS 8007, UMR IRD 260)
  • LEDa : Publications
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Browse

BIRDResearch centres & CollectionsBy Issue DateAuthorsTitlesTypeThis CollectionBy Issue DateAuthorsTitlesType

My Account

LoginRegister

Statistics

Most Popular ItemsStatistics by CountryMost Popular Authors
Thumbnail - Request a copy

Wage Rigidity, Collective Bargaining and the Minimum Wage: Evidence from French Agreement Data

Avouyi-Dovi, Sanvi; Fougère, Denis; Gautier, Erwan (2013), Wage Rigidity, Collective Bargaining and the Minimum Wage: Evidence from French Agreement Data, The Review of Economics and Statistics, 95, 4, p. 1337-1351. 10.1162/REST_a_00329

Type
Article accepté pour publication ou publié
Date
2013
Journal name
The Review of Economics and Statistics
Volume
95
Number
4
Publisher
MIT Press Journals
Pages
1337-1351
32
Publication identifier
10.1162/REST_a_00329
Metadata
Show full item record
Author(s)
Avouyi-Dovi, Sanvi

Banque de France
Fougère, Denis cc
Centre de Recherche en Économie et Statistique [CREST]
Banque de France
Gautier, Erwan
Laboratoire d'économie et de management de Nantes Atlantique [LEMNA]
Abstract (EN)
Using several unique data sets on wage agreements at both industry and firm levels in France, we document stylized facts on wage stickiness and the impact of wage-setting institutions on wage rigidity. First, the average duration of wages is a little less than one year and around 10 percent of wages are modified each month by a wage agreement. Data patterns are consistent with predictions of a mixture of Calvo and Taylor models. The frequency of wage change agreements is rather staggered over the year but the frequency of effective wage changes is seasonal. The national minimum wage has a significant impact on the probability of a wage agreement and on the seasonality of wage changes. Negotiated wage increases are correlated with inflation, the national minimum wage increases and the firm profitability.
Subjects / Keywords
Wage stickiness; wage bargaining; minimum wage; downward nominal wage rigidity
JEL
J31 - Wage Level and Structure; Wage Differentials
J50 - General
E30 - General

Related items

Showing items related by title and author.

  • Thumbnail
    Les négociations salariales en France : une analyse à partir de données d’entreprises (1994 ‑ 2005) 
    Gautier, Erwan; Fougère, Denis; Avouyi-Dovi, Sanvi (2009) Article accepté pour publication ou publié
  • Thumbnail
    Central bank liquidity and market liquidity: the role of collateral provision on the French government debt securities market 
    Idier, Julien; Avouyi-Dovi, Sanvi (2010-01) Document de travail / Working paper
  • Thumbnail
    The impact of unconventional monetary policy on the market for collateral: The case of the French bond market 
    Avouyi-Dovi, Sanvi; Idier, Julien (2012) Article accepté pour publication ou publié
  • Thumbnail
    Macro stress testing with a macroeconomic credit risk model : Application to the French manufacturing sector 
    Bardos, Mireille; Moquet, Jeremy; Kendaoui, Ludovic; Jardet, Caroline; Avouyi-Dovi, Sanvi (2009-04) Document de travail / Working paper
  • Thumbnail
    The stability of short-term interest rates pass-through in the euro area during the financial market and sovereign debt crises 
    Avouyi-Dovi, Sanvi; Horny, Guillaume; Sevestre, Patrick (2015) Document de travail / Working paper
Dauphine PSL Bibliothèque logo
Place du Maréchal de Lattre de Tassigny 75775 Paris Cedex 16
Phone: 01 44 05 40 94
Contact
Dauphine PSL logoEQUIS logoCreative Commons logo