|
EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/51602
|
| | |
| Title: | | Wage rigidity, collective bargaining and the minimum wage: Evidence from French agreement data  |
| Authors: | | Avouyi-Dovi, Sanvi Fougère, Denis Gautier, Erwan |
| Issue Date: | | 2011 |
| Series/Report no.: | | Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5835 |
| Abstract: | | 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: | | wage stickiness wage bargaining minimum wage downward nominal wage rigidity |
| JEL: | | J31 J50 E30 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-201107133482 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/51602
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|