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Does the Public Sector Lead the Wage Evolution in the French Economy?
Author(s) -
Redor Dominique
Publication year - 1997
Publication title -
labour
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.403
H-Index - 34
eISSN - 1467-9914
pISSN - 1121-7081
DOI - 10.1111/1467-9914.00040
Subject(s) - public sector , private sector , wage , disinflation , economics , labour economics , scope (computer science) , government (linguistics) , unemployment , government sector , public policy , economy , monetary economics , monetary policy , macroeconomics , economic growth , linguistics , philosophy , computer science , programming language
Has the wage policy of the State in the French public sector (government services and State owned enterprises) had a leading effect on wages in the private sector up until the early 1980s? This paper firstly aims at verifying the existence and analysing the causes of this leading effect. The second aim is to estimate the scope of the changes which took place from the early 1980s. It shows that the wage policy of the State did influence disinflation in the 1980s and early 1990s. Indeed, it not only slowed down the growth of wages in the public sector but, by this means, it also influenced indireclty the growth of wages in the private sector.