Wage formation in France - sectoral aspects
Economics Department Working Paper 3.
This study concerns wage formation at sectoral level in France. Such an analysis has a threefold purpose: a) to show the wage-formation mechanisms in each sector, or in groups of sectors which are homogenous as regards the average wage level; b) to explain the fluctuations in inter-sector wage dispersion, especially by reference to the cyclical situation and the trends of inflation, and to ascertain whether there is any feedback from wage dispersion or cyclical divergence between sectors to wage trends for the economy as a whole; c) to identify any wage-emulation processes as between one sector and another and to detect any sector or group of sectors leading the way in this respect.