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Une maquette d'étude de la boucle prix-salaires

Author

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  • Mathieu Féroldi
  • François Meunier

Abstract

[fre] Une maquette d'étude de la boucle prix-salaires - Les prix entraînent les salaires, qui entraînent à leur tour les prix : cette boucle prix-salaires a été maintes fois dénoncée comme l'un des principaux facteurs inflationnistes. Pour essayer de mesurer ses effets, une maquette a été mise au point, volontairement simple. Elle est fondée sur les comportements observés au cours des années 1965 à 1981. La double indexation des salaires sur les prix et des prix sur les salaires est bien mise en évidence. Il semble que les salaires aient été surindexés et qu'une hausse des prix de détail engendre, à long terme, une hausse un peu plus forte du taux de salaire. Les prix de production auraient été au contraire un peu sous-indexés sur les coûts. Par contre, les salaires auraient réagi à toute modification beaucoup plus lentement que les prix. La maquette permet de chiffrer les répercussions inflationnistes de chocs exogènes. Elle montre comment, et dans quels délais, le jeu des indexations faisait que la hausse des salaires rattrapait ou dépassait celle des prix de détail et la hausse des prix de production, celle des coûts des entreprises. [spa] Una maqueta de estudios sobre el circuito precios-salarios - Los precios arrastran consigo los salarios, los cuales, a su vez, acarrean los precios : este circuito precios-salarios se denunció muchas veces como uno de los principales factores inflacionistas. Con objeto de intentar medir sus efectos, se puntualizó una maqueta que se quiso sencilla. Estriba en los comportamientos observados en el transcurso de los años 1965 a 1981. La doble adecuación de salarios sobre precios y de precios sobre salarios esta expuesta claramente. Parece ser que los salarios hayan sido sobrevalorados y que un alza de precios al por menor haya acarreado, a largo plazo, un alza algo mis elevada de las tarifas de salarios. Los precios de producción, a la inversa, habrfan sido algo subvalorados respecto a costos. En cambio, parece ser que los salarios reaccionaron ante cualquier modificación con más lentitud que los precios. La maqueta permite cifrar las repercusiones inflacionistas de golpes exógenos. Pone de manifiesto en que forma y plazos el juego de los indices hada que el alza de salarios alcance o supere la de los precios al por menor, y el alza de los precios de producción la de los costos empresariales. [eng] A study model of the wage-price spiral - Prices drag wages along which, in turn, drag prices along: this wage-price spiral has been denounced many times as one of the principal inflationary factors. In order to try to measure its effects, a deliberately simple model has been developed. It is based on observed behavorial relationships in the course of the years 1965 to 1981. The double indexation of wages according to prices and prices according to wages is clearly brought to light. It seems that wages were over-indexed and that a rise in retail prices engendered, in the long run, a slightly higher rise in the wage rate. On the contrary, production prices were probably somewhat under-indexed according to costs. On the other hand, wages probably reacted to any modification much more slowly than prices. By using the model, figures can be assigned to the inflationary repercussions of exogenous shocks. The model shows how and within what periods of time the play of indexations created a situation in which rises in wages caught up with or surpassed those of retail prices and rises in production prices caught up with or surpassed the rise in production costs.

Suggested Citation

  • Mathieu Féroldi & François Meunier, 1984. "Une maquette d'étude de la boucle prix-salaires," Économie et Statistique, Programme National Persée, vol. 169(1), pages 31-43.
  • Handle: RePEc:prs:ecstat:estat_0336-1454_1984_num_169_1_4893
    DOI: 10.3406/estat.1984.4893
    Note: DOI:10.3406/estat.1984.4893
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    Cited by:

    1. Jean-Pierre Cling & François Meunier, 1986. "La désinflation en France : le point de vue de l'économètre," Revue Économique, Programme National Persée, vol. 37(6), pages 1093-1125.

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