Jusqu'où la rigueur salariale devrait-elle aller ? Une exploration théorique de la question

摘要

The search for the appropriate real wage Edmond Malinvaud Confronted with a current topic, economic science does not propose a well tested method that would provide foundations for an objective answer. An approach and sortie building blocks for a full formalization are discussed. The central part concerns the behaviour of firms that must choose a type of equipement and a productive capacity whereas the future demand for their product is uncertain. Along a regular growth path, with a satisfactory employment level, appropriate values for real rates of wages, interest and profit must hold. When strong imbalances exist in the current situation, one has not only to characterize such a regular growth but also to select a strategy in order to reach it.