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Erschienen in:
1957 | OriginalPaper | Buchkapitel
Structural Inflation And The Economic Function Of Wages: The French Example
verfasst von : François Perroux
Erschienen in: The Theory of Wage Determination
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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The share of wages in the French national income is approximately constant and very considerable. Moreover, the structure of wages is highly rigid. We propose to analyse the causes of this rigidity and to show how it contributes to making the economy inherently inflationary. Finally, we shall inquire whether the rigidity of wages does not denote a fundamental misconception of the economic function of wages under any economic system, and we shall suggest a reconsideration of distribution theory.