Horny, Guillaume; Bihan, Hervé Le - In: Revue de l'OFCE n° 112 (2010) 1, pp. 161-168
The specific rule governing the increases in the French minimum wage (SMIC) can lead to a change in the minimum wage which is larger than the change of the workers hourly base wage (SHBO), as did happen in 1985, 1987 and 2008. In this note we show that the probability of such an event depends on...
