Summary of the discussion between Xavier Ragot, President of the French Economic Observatory, and Alain Trannoy (EHESS/AMSE) at the latest "Café de l’éco" organized by the Cercle des économistes.
Even when the economy falters, wages hold up – and it's no accident. This is what a recent study conducted by a team of economists shows, revealing a key factor: employees' discretion.
