Economics serving society

Interview | Philippe Askenazy & Thomas Breda | Inflation and purchasing power

In this new interview of Economics for everybody, Philippe Askenazy and Thomas Breda discuss inflation and its impact on purchasing power, including the issue of wages. They put forward ideas on the role that public authorities could play in dealing with the economic situation

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Philippe Askenazy is director of research at the Centre national de la recherche scientifique (CNRS) and associate professor at the École Normale Supérieure (ENS).
His main research interests include working conditions, collective bargaining, labor policy, and firm performance. They include theoretical and empirical studies on organizational and technical change, occupational health and safety or the future of low-wage jobs.

Photo credit: Eric Fougere/Getty Images

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Thomas Breda is a professor at Paris School of Economics, a research fellow at the Centre national de la recherche scientifique (CNRS), and director of the Labor Program at the Institut des Politiques Publiques (IPP). He specializes in labor economics, particularly on the issues of corporate bargaining, discrimination and inequality.

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References by Philippe Askenazy:

- Claude Didry and Denis Giordano, 2021, L’entreprise en négociation, Dares, study report N°11.

- David Blanchflower, Alex Bryson and Jackson Spurling, 2022, The Wage Curve after the Great Recession, No 15465, IZA Discussion Papers, Institute of Labor Economics (IZA).

- OECD, 2019, June 5, Competition issues in labour markets, Reference Note.

References from Thomas Breda:

- Alan Manning, 2021, Monopsony in Labor Markets: A Review, Industrial and Labor Relations Review, 74(1), pp. 3-26.

- Claire André and Thomas Breda, 2011, Panorama des salaires conventionnels sur la période 2003-2009, Dares Analyses, no. 092.

- David Arnold, 2021, Mergers and acquisitions, local labor market concentration, and worker outcomes, Mimeo UCSD.

- Gabin Langevin, 2018, Did the compliance of branch minima with the Smic improve in ten years, Dares Analyses, 005.

- José Azar, Ioana Marinescu and Marshall Steinbaum, 2022, Labor market concentration, Journal of Human Resources, 57(S), S167-S199.

- Orley Ashenfelter, David Card, Henry Farber and Michael Ransom, April 2022, Journal of Human Resources, 57(S).

- Orley Ashenfelter, Henry Farber and Michael Ransom, April 2020, Journal of Labor Economics, The University of Chicago Press, 28(2).

* This video is part of the new Economics for everybody formula.