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

hal.structure.identifier
hal.structure.identifierBanque de France
dc.contributor.authorAvouyi-Dovi, Sanvi*
hal.structure.identifierCentre de Recherche en Économie et Statistique [CREST]
hal.structure.identifierBanque de France
dc.contributor.authorFougère, Denis
HAL ID: 742600
ORCID: 0000-0001-9287-6138		*
hal.structure.identifierLaboratoire d'économie et de management de Nantes Atlantique [LEMNA]
dc.contributor.authorGautier, Erwan*
dc.date.accessioned2013-03-27T09:32:09Z
dc.date.available2013-03-27T09:32:09Z
dc.date.issued2013
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/11158
dc.language.isoenen
dc.subjectWage stickinessen
dc.subjectwage bargainingen
dc.subjectminimum wageen
dc.subjectdownward nominal wage rigidityen
dc.subject.ddc339en
dc.subject.classificationjelJ.J3.J31en
dc.subject.classificationjelJ.J5.J50en
dc.subject.classificationjelE.E3.E30en
dc.titleWage Rigidity, Collective Bargaining and the Minimum Wage: Evidence from French Agreement Dataen
dc.typeArticle accepté pour publication ou publié
dc.description.abstractenUsing 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.en
dc.identifier.citationpages32en
dc.relation.isversionofjnlnameThe Review of Economics and Statistics
dc.relation.isversionofjnlvol95
dc.relation.isversionofjnlissue4
dc.relation.isversionofjnldate2013-10
dc.relation.isversionofjnlpages1337-1351
dc.relation.isversionofdoi10.1162/REST_a_00329
dc.relation.isversionofjnlpublisherMIT Press Journals
dc.subject.ddclabelMacroéconomieen
dc.description.halcandidateoui
dc.description.readershiprecherche
dc.description.audienceInternational
dc.relation.Isversionofjnlpeerreviewedoui
hal.identifierhal-01511690*
hal.version1*
hal.update.actionupdateMetadata*
hal.author.functionaut
hal.author.functionaut
hal.author.functionaut


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