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Alla ricerca della flessibilità: un'analisi della curva dei salari in Italia

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  • Claudio Lucifora
  • Federica Origo

Abstract

The aim of this paper is to study the functioning of local labour markets considering different geographical areas (macro-areas, regions, provinces). Looking at the growing differences in the unemployment rates between the North and the South of Italy, we investigate the existence of a negative relation linking wage levels to local unemployment rates. It would seem that the traditional result, better known as "wage curve", is not supported by the Italian experience. Using an appropriate geographical disaggregation and a dynamic specification that takes into account the existence of inertia in the adjustment processes, the relation that links wage levels to local unemployment often exhibits a positive sign, and in general it is not significant. Similar results are obtained even when the analysis is restricted to particular sub-groups of the labour market or to specific regions.

Suggested Citation

  • Claudio Lucifora & Federica Origo, 1999. "Alla ricerca della flessibilità: un'analisi della curva dei salari in Italia," Rivista italiana degli economisti, Società editrice il Mulino, issue 1, pages 3-36.
    • Handle: RePEc:mul:jqat1f:doi:10.1427/3649:y:1999:i:1:p:3-36
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    Cited by:

    1. Rycx, François & Saks, Yves & Tojerow, Ilan, 2016. "Misalignment of Productivity and Wages across Regions? Evidence from Belgian Matched Panel Data," IZA Discussion Papers 10336, Institute of Labor Economics (IZA).
    2. Sergio Destefanis & Giovanni Pica, 2010. "It’s wages, it’s hours, it’s the Italian wage curve," CSEF Working Papers 247, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    3. Peter Nijkamp & Jacques Poot, 2005. "The Last Word on the Wage Curve?," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 421-450, July.
    4. Nadia Netti, 2006. "The Wage Curve in Italian Manufacturing Industry," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 2, May.
    5. Francesco Devicienti & Agata Maida, 2004. "Rigidità salariali e ruolo delle istituzioni: l'evidenza empirica da microdati," LABORatorio R. Revelli Working Papers Series 35, LABORatorio R. Revelli, Centre for Employment Studies.
    6. Saltari, Enrico & Wymer, Clifford R. & Federici, Daniela, 2013. "The impact of ICT and business services on the Italian economy," Structural Change and Economic Dynamics, Elsevier, vol. 25(C), pages 110-118.
    7. Gucciardi, Gianluca, 2014. "The Italian wage curve reloaded: Does occupation matter?," Economics Discussion Papers 2014-44, Kiel Institute for the World Economy (IfW Kiel).
    8. Triki, Mohamed Bilel, 2019. "The Italian wage curve revisited: A local and spatial cointegration," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 55, pages 73-90.
    9. Ammermüller, Andreas & Lucifora, Claudio & Origo, Federica & Zwick, Thomas, 2007. "Still searching for the wage curve: evidence from Germany and Italy," ZEW Discussion Papers 07-008, ZEW - Leibniz Centre for European Economic Research.
    10. Ilias Livanos, 2010. "The Wage-Local Unemployment Relationship in a Highly Regulated Labour Market: Greece," Regional Studies, Taylor & Francis Journals, vol. 44(4), pages 389-400.
    11. Deller, Steven C., 2009. "Wages, Rent, Unemployment and Amenities," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 39(2), pages 1-14.
    12. Devicienti, Francesco & Maida, Agata & Pacelli, Lia, 2008. "The resurrection of the Italian wage curve," Economics Letters, Elsevier, vol. 98(3), pages 335-341, March.
    13. Ammermueller, Andreas & Kuckulenz, Anja & Zwick, Thomas, 2009. "Aggregate unemployment decreases individual returns to education," Economics of Education Review, Elsevier, vol. 28(2), pages 217-226, April.
    14. Francesco Devicienti, 2002. "Downward Nominal Wage Rigidity in Italy: Evidence and Consequences," LABORatorio R. Revelli Working Papers Series 20, LABORatorio R. Revelli, Centre for Employment Studies.
    15. Carlo Dell'Aringa & Claudio Lucifora & Federica Origo, 2007. "Public Sector Pay And Regional Competitiveness. A First Look At Regional Public–Private Wage Differentials In Italy," Manchester School, University of Manchester, vol. 75(4), pages 445-478, July.
    16. Francesco Devicienti & Agata Maida & Paolo Sestito, 2007. "Downward Wage Rigidity in Italy: Micro-Based Measures and Implications," Economic Journal, Royal Economic Society, vol. 117(524), pages 530-552, November.
    17. Francesco Devicienti & Agata Maida & Paolo Sestito, 2003. "Nominal and Real Wage Rigidity: An Assessment Using Italian Microdata," LABORatorio R. Revelli Working Papers Series 33, LABORatorio R. Revelli, Centre for Employment Studies.
    18. Francesco Devicienti & Agata Maida & Lia Pacelli, 2006. "The Italian Wage Curve Resurrected after the 1993 Labor Market Reforms," LABORatorio R. Revelli Working Papers Series 50, LABORatorio R. Revelli, Centre for Employment Studies.

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