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This paper examines the set of interdependences between the formation of wages, prices and the minimum wage (SMIC … persistent in real terms and relatively to the other salaries and have always as little inflationary impact on wages as on prices …
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This paper shows that firm profits (and losses), and value added, are strongly related to individual hourly basic wages … negative bias implicit in accounting profits, and has a much larger effect on basic wages and earnings in the presence of …
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