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The Endogenous Determination of Minimum Wage
Minimum wage endogenous determination political culture public policy
2013/10/17
In this paper we study the endogenous determination of minimum wage employing a political-economic game-theoretic approach. A major objective of the paper is to clarify the crucial role of the strengt...
Wage Rigidity, Collective Bargaining and the Minimum Wage: Evidence from French Agreement Data
wage stickiness wage bargaining minimum wage downward nominal wage rigidity
2012/10/26
Using several unique data sets on wage agreements at both industry and firm levels in France, we document stylized facts on wage stickiness and the impact of wage-setting institutions on wage rigidity...