Wage Rigidity, Collective Bargaining, and the Minimum Wage: Evidence from French Agreement Data
利用法国行业和企业层面的工资协议数据，发现工资平均持续不到一年，每月10%的工资因协议调整，最低工资显著影响工资调整的概率和季节性。
Abstract Using data sets on wage agreements at both industry and firm levels in France, we document stylized facts on wage stickiness. The average duration of wages is a little less than one year, and 10% of wages are modified each month by a wage agreement. The frequency of wage change agreements is staggered over the year, but the frequency of effective wage changes is seasonal. The national minimum wage has a significant impact on the probability and the seasonality of wage changes. Negotiated wage increases are correlated with inflation, minimum wage increases, and firm profitability.