We show that the Italian wage curve, inexistent in the eighties and early nineties, has reemerged after the 1993 Income Policy Agreement, owing to the greater role granted to flexible and locally bargained top-up wage components.
The Resurrection of the Italian Wage Curve
DEVICIENTI, Francesco Serafino Michele;PACELLI, Lia
2008-01-01
Abstract
We show that the Italian wage curve, inexistent in the eighties and early nineties, has reemerged after the 1993 Income Policy Agreement, owing to the greater role granted to flexible and locally bargained top-up wage components.
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