IDEAS home Printed from https://ideas.repec.org/p/udf/wpaper/2013102.html
   My bibliography  Save this paper

Salari, produttivita' e la "regola di piombo" della BCE

Author

Listed:
  • Paolo Pini

Abstract

Wages, productivity, and the "rule of lead" of the ECB The ECB suggests that hourly nominal wages should increase in line with real hourly labour productivity, and not exceed it. The "vicious" countries which do not follow this rule loose progressively competitiveness. This is the "rule of lead" for income distribution, contrasting with the "role of gold" that leaves unchanged the labour share on national income. The "rule of lead" means domestic competitive devaluation, against workers and labour income, and income distribution with even more inequality.

Suggested Citation

  • Paolo Pini, 2013. "Salari, produttivita' e la "regola di piombo" della BCE," Working Papers 2013102, University of Ferrara, Department of Economics.
  • Handle: RePEc:udf:wpaper:2013102
    as

    Download full text from publisher

    File URL: http://out.economia.unife.it/uploads/dip_deit/quaderni/2013102.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Nominal and real wages; productivity; income distribution;
    All these keywords.

    JEL classification:

    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J52 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Dispute Resolution: Strikes, Arbitration, and Mediation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:udf:wpaper:2013102. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alberto Benati (email available below). General contact details of provider: https://edirc.repec.org/data/deferit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.