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Regolazione salariale e sistemi retributivi: il caso delle Utility in Italia

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  • Claudia Peiti
  • Cesare Vignocchi

Abstract

Great Recession has put pressure on wage regulation systems in Italian industries, creating a significant differentiation that leaded to a divergence in terms of wage dynamics, which contrasts with the common trend recorded in the previous decade. At the same time, with the new mechanism linked to the net HICP and introduced in 2009 to regulate contractual renewals, there has been a constant overestimation of future inflation. In assessing this evidence, should be considered not only the alleged escaped risks of a deflationary spiral, but also the actual risks that have arisen in terms of competitiveness deficits. In this paper, the authors explore wage regulation in a long-term perspective, analyzing trends over the past twenty years. Limits and potentials of national statistics are underlined, showing the advantages of further sectoral surveys. This is the case of the survey issued by Utilitalia (Industrial Association of Public Utilities), used here to analyze pay systems on three economic sectors of primary interest: Electricity, Gas-Water and Environmental Services. It is also an example of how detailed data can be used to create a management tool for companies.

Suggested Citation

  • Claudia Peiti & Cesare Vignocchi, 2020. "Regolazione salariale e sistemi retributivi: il caso delle Utility in Italia," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2020(2), pages 105-133.
    • Handle: RePEc:fan:epepep:v:html10.3280/ep2020-002005
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    References listed on IDEAS

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    1. Alfonso Rosolia, 2015. "On the response of Italian wages to the unemployment rate," Questioni di Economia e Finanza (Occasional Papers) 287, Bank of Italy, Economic Research and International Relations Area.
    2. Fedele De Novellis, 2020. "Convergence Of Italy’S Tradable Sector Growth Rate And Wage Stagnation," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 163(1), pages 11-30.
    3. Cesare Vignocchi, 2020. "Wage Regulation And Performance-Related Pay In Italian Public Sector," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 128(1), pages 125-143.
    4. Cesare Vignocchi, 2020. "Wage Regulation And Performance-Related Pay In Italian Public Sector," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 169(1), pages 125-143.
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    More about this item

    Keywords

    Differenziali retributivi; contrattazione nazionale e integrativa utilities;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • J52 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Dispute Resolution: Strikes, Arbitration, and Mediation
    • J58 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Public Policy
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law

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