Cette, Gilbert; Chouard, Valérie; Verdugo, Gregory - In: Economics Bulletin 33 (2013) 3, pp. 1832-1839
This paper investigates whether increases in the minimum wage in France have the same impact on the average wage when intended to preserve the purchasing power of the minimum wage as when intended to raise it. We find that the impact of the minimum wage on the average wage is strong, but differs...