Format du dépôt |
Fichier |
Type de dépôt |
Pré-publication, Document de travail |
Titre |
en
Wage Floor Rigidity in Industry-Level Agreements: Evidence from France
|
Résumé |
en
This paper examines empirically the dynamics of wage floors defined in industry-level wage agreements in France. It also investigates how industry-level wage floor adjustment interacts with changes in the national minimum wage (NMW hereafter). For this, we have collected a unique dataset of approximately 3,200 industry-level wage agreements containing about 70,000 occupation-specific wage floors in 367 industries over the period 2006Q1-2017Q4. Our main results are the following. Wage floors are quite rigid, adjusting only once a year on average. They mostly adjust in the first quarter of the year and the NMW shapes the timing of industry-level wage bargaining. Inflation but also changes in past aggregate wage increases and in the real NMW are the main drivers of wage floor adjustments. Elasticities of wage floors with respect to these macro variables are 0.6, 0.4 and 0.3 respectively. Inflation and the NMW have both decreasing but positive effects all along the wage floor distribution. (Discussion Paper, IZA Institute of Labor Economics, n° 11828)
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Auteur(s)
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Denis Fougère
1, 2
, Erwan Gautier
3, 4
, Sébastien Roux
5
1
OSC -
Observatoire sociologique du changement (Sciences Po, CNRS)
( 1010 )
- 27, rue Saint-Guillaume
75337 Paris Cedex 07
- France
-
Sciences Po ( 301587 )
;
-
Centre National de la Recherche Scientifique UMR7049 ( 441569 )
2
LIEPP -
Laboratoire interdisciplinaire d'évaluation des politiques publiques (Sciences Po)
( 218465 )
- LIEPP - Sciences Po
27, rue Saint-Guillaume
75337 Paris Cedex 07
- France
3
Centre de recherche de la Banque de France
( 171776 )
- 31 rue Croix des petits champs 75001 PARIS - France
- France
-
Banque de France ( 307910 )
4
LEMNA -
Laboratoire d'économie et de management de Nantes Atlantique
( 95496 )
- Chemin de la Censive du Tertre - Bâtiment Erdre - BP 52231 - 44322 NANTES Cedex 3 - FRANCE
- France
-
Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes EA 4272 ( 115068 )
;
-
Université de Nantes 93263 ( 93263 )
5
Institut national de la statistique et des études économiques (INSEE)
( 301953 )
-
- France
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Date de production/écriture |
2018-09
|
Langue du document |
Anglais
|
Mots-clés (JEL) |
-
E - Macroeconomics and Monetary Economics/E.E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy/E.E2.E24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity
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J - Labor and Demographic Economics/J.J3 - Wages, Compensation, and Labor Costs/J.J3.J31 - Wage Level and Structure • Wage Differentials
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J - Labor and Demographic Economics/J.J5 - Labor–Management Relations, Trade Unions, and Collective Bargaining/J.J5.J51 - Trade Unions: Objectives, Structure, and Effects
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Référence interne |
-
Discussion Paper, IZA Institute of Labor Economics, DP n° 11828
|
Domaine(s) |
-
Sciences de l'Homme et Société/Economies et finances
|
Mots-clés |
en
minimum wage, inflation, collective bargaining, wages
|
Spire (Sciences Po) |
2441/1hjbis4d5d8q7bha7pal8b1u63 |