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It’s wages, it’s hours, it’s the Italian wage curve

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Abstract

Using data from the Bank of Italy’s Household Survey we find that a wage curve exists in Italy after the 1992-93 wage reforms for annual and monthly wages but not for hourly wages. Consistently, after the reforms we find a negative elasticity of annual hours and months worked with respect to the unemployment rate.

Suggested Citation

  • 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.
    • Handle: RePEc:sef:csefwp:247
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    File URL: http://www.csef.it/WP/wp247.pdf
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    Cited by:

    1. Riccardo Leoni, 2018. "Efficienza ed efficacia della contrattazione integrativa aziendale. Una rassegna della letteratura empirica italiana," Economia & lavoro, Carocci editore, issue 1, pages 131-170.
    2. Gabriele Ruiu, 2023. "Exploring polarisation in economic hardship among Italian macro-regions," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(1), pages 787-817, February.
    3. F. Pastore, 2015. "The Mezzogiorno and Crisis after Market and State Failures. A Review of Economic Literature," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 3-4, pages 525-582.
    4. Destefanis, Sergio, 2012. "Alcune considerazioni sul mercato del lavoro italiano alla luce della ricostruzione delle serie storiche territoriali per il mercato del lavoro, 1861-2011 [Some Considerations on the Italian Labour," MPRA Paper 59611, University Library of Munich, Germany.
    5. Gucciardi, Gianluca, 2014. "The Italian wage curve reloaded: Does occupation matter?," Economics Discussion Papers 2014-44, Kiel Institute for the World Economy (IfW Kiel).
    6. Mohamed Bilel Triki, 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.
    7. Riccardo Leoni & Paola Gritti, 2017. "Institutional Wage Setting, Distinctive Competencies and Wage Premia," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 3(1), pages 71-111, March.

    More about this item

    Keywords

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    JEL classification:

    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General

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