G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Regional Disparities and the Italian NAIRU
Giorgio Brunello; Claudio Lupi; Patrizia Ordine
发表日期1998
出处Economy and Society
出版年1998
语种英语
摘要In this paper we estimate the Italian NAIRU using annual data for the period 1951-1996. We find evidence consistent with aggregate wage setting in Italy depending only on the rate of unemployment prevailing in the Northern and Central areas of the country. There is evidence supporting the presence of a long-run co-integrating relationship among unemployment in the Northern and Central areas, the tax wedge, the real interest rate and a measure of union power. The response of unemployment to exogenous shocks is sluggish, suggesting that persistence is an important feature of the Italian labour market.
关键词Unemployment,Italy,NAIRU
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/regional-disparities-and-the-italian-nairu/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116367
推荐引用方式
GB/T 7714
Giorgio Brunello,Claudio Lupi,Patrizia Ordine. Regional Disparities and the Italian NAIRU. 1998.
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