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The Effect of the Minimum Wage on the Average Wage in France (in French)
Cette, G.; Chouard, V.; Verdugo, G. - Banque de France - 2012
This study investigates the impact of minimum wage (SMIC) increases on the average wage in France. We use two series of average wage: the average hourly blue-collar wage rate (SHBO) and the average wage per capita (SMPT). We combine these series with aggregate data for the overall economy over...
Persistent link: https://www.econbiz.de/10009651284
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Immigration and the Occupational Choice of Natives: a Factor Proportions Approach
Ortega, J.; Verdugo, G. - Banque de France - 2011
) specification, we find that a 10% increase in immigration increases native wages by 3%. However, as the number of immigrants and the … natives’ wages is still positive but much smaller, and natives’ wages are negatively related to the number of natives. To … understand this asymmetry and the positive impact of immigration on wages, we explore the link between immigration and the …
Persistent link: https://www.econbiz.de/10009228695
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Wage rigidity, collective bargaining and the minimum wage: evidence from French agreement data.
Avouyi-Dovi, S.; Fougère, D.; Gautier, E. - Banque de France - 2010
We highlight different stylized facts concerning wage stickiness. First, in France, the typical duration of a wage agreement is one year. Consequently, a Taylor (1980) -type model appears to reproduce appropriately the distribution of agreement durations. Some 30 percent of settlements stipulate...
Persistent link: https://www.econbiz.de/10008511688
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Price, Wage and Employment Response to Shocks: Evidence from the WDN Survey
Bertola, G.; Dabusinskas, A.; Hoeberichts, M.; Izquierdo, M. - Banque de France - 2010
This paper analyses information from survey data collected in the framework of the Eurosystem's Wage Dynamics Network (WDN) on patterns of firm-level adjustment to shocks. We document that the relative intensity and the character of price vs. cost and wage vs. employment adjustments in response...
Persistent link: https://www.econbiz.de/10008527523
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Réformes structurelles sur le marché du travail : quels enseignements peut-on tirer des études existantes ?
Fougère, D. - Banque de France - 2006
In general, empirical studies having evaluated with firm individual data the effects of structural labour market reforms in European countries do not reach unambiguous conclusions. In particular, they find that reforms increasing incentives to lower the number of temporary labour contracts do...
Persistent link: https://www.econbiz.de/10004998818
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Institutional features of wage bargaining in 23 European countries, the US and Japan.
Du Caju, Ph.; Gautier, E.; Momferatou, D.; … - Banque de France - 2008
minimum wage. Most countries negotiate wages on several levels, the sectoral level still being the most dominant, with an … some form of indexation mechanism which affects wages. Cluster analysis identifies three country groupings of wage …
Persistent link: https://www.econbiz.de/10005036206
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Social networks and wages in Senegal’s formal sector.
Berardi, N. - Banque de France - 2013
We develop a theoretical framework that considers the role played by moral hazard and the diversity of networks and cultures in the choice of hiring channel. In favoritism contexts social networks, and particularly strong ties, are adopted as hiring channels for unskilled jobs and result in wage...
Persistent link: https://www.econbiz.de/10010631357
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Wage and Productivity differentials in Japan. The Role of Labor Market Mechanisms.
Kalantzis, Y.; Kambayashi, R.; Lechevalier, S. - Banque de France - 2012
firm-level productivity differentials. We build a model where firms can choose between efficiency wages with endogenous … effort and competitive wages, and show that it can replicate those facts. Using Japanese microeconomic data, we find support … for the existence of efficiency wages in one group of firms and competitive wages in the other group. Based on those …
Persistent link: https://www.econbiz.de/10010575493
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Compensation in the Financial Sector: Are all Bankers Superstars?
Célérier, C. - Banque de France - 2010
Based on a survey among French engineers, I find that employees in the financial sector are highly paid. I also find large pay differences within the sector and that a large share of compensation is variable. I consider three potential models accounting for these facts: a model of superstars...
Persistent link: https://www.econbiz.de/10008682871
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Financing SMEs in Europe
Balling, Morten (ed.); Bernet, Beat (ed.); Gnan, Ernest (ed.) - Conference on "Financing SMEs in Europe" <2008, Paris>; … - 2009
Small and medium-sized enterprises are a centrepiece of Europe's economy. Due to their limited size and their generally lower creditworthiness, their access to financial market instruments is more limited than for large enterprises, which benefit from more elaborate Treasury operations,...
Persistent link: https://www.econbiz.de/10011705468