Trésor-Economics No. 99 - Living standards of minimum-wage earners
Under French welfare and tax legislation, real disposable household income for workers on the "Smic" minimum-wage rose faster than the real minimum-wage, for a given family configuration and number of hours worked, between 1999 and 2011, with disposable income rising by over 10% against a 5% rise in the minimum-wage. Various mechanisms introduced to support low-earners' incomes have played a decis... Lire la suite