On the Response of Italian Wages to the Unemployment Rate
On the Response of Italian Wages to the Unemployment Rate
复制标题
论意大利工资对失业率的反应
DOI：
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发表时间：
2015
期刊：
影响因子：
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通讯作者：
A. Rosolia
中科院分区：
文献类型：
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作者：
A. Rosolia
在本文中，我评估意大利工资率的劳动力市场条件的反应，并表明，考虑的具体工资措施的结果有重要的后果。国民账户衡量的工资的周期性反应受到一些衡量问题的抑制;相反，在中央一级谈判的工资率变化和在公司一级确定的工资项目对失业的反应更强烈。我的结论是，观察到的基于国民账户的工资措施的弱反应并不反映缺乏工资的灵活性，而是工资谈判的交错和不协调的性质。
In this paper I assess the responsiveness of Italian wage rates to labor market conditions and show that the specific wage measure considered has important consequences for the results. The cyclical response of wages measured by National Accounts is dampened by a number of measurement issues; on the contrary, both wage rate changes negotiated at the central level and salary items set at the firm level are found to respond more strongly to unemployment. I conclude that the observed weak response of wage measures based on National Accounts does not reflect the lack of wage flexibility but rather the staggered and uncoordinated nature of wage negotiations.