L'Horty, Yannick; Rault, Christophe - 2003
This paper examines the set of interdependences between the formation of wages, prices and the minimum wage (SMIC …. Two periods are distinguished: the period of inflation rise from 1970 to 1981, which coincides with an important squeeze … persistent in real terms and relatively to the other salaries and have always as little inflationary impact on wages as on prices. …