G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w13029
来源IDWorking Paper 13029
Wage Mobility and Dynamics in Italy in the 90's
Bruno Contini; Roberto Leombruni; Lia Pacelli; Claudia Villosio
发表日期2007-04-10
出版年2007
语种英语
摘要Inspite of the centralized nature of wage bargaining in Italy, we find some evidence suggesting the existence of firm-wage policies. Firstly, the ratio of the between-firm wage variability relative to total wage variability is sizeable, and not very dissimilar from that reported for other countries. Secondly, the tide raising all boats is quite suggestive: not only do individual wages throughout the whole distribution increase as average firm wages increases, but the spread increases too. Firm wage policy matters in shaping not only the wage level distribution but also the wage change distribution. The within-firm s.d. of wage change is almost as high as that of individual wage change, and much higher than between-firm variability of average change in wages. Worker-based statistics, on the other side, show that relative changes in individual wages follow the business cycle, although different parts of the distribution react in a different way to it, the upper tail having a higher responsiveness. Both facts are at odds with the often reported rigidity of Italian wages. Indeed, the detected flexibility is mainly driven by movers and short tenure workers. The cross-country comparison suggests that the relatively high degree of wage compression in Italy could be associated with higher entry and exit rates.
主题Labor Economics ; Labor Supply and Demand ; Labor Compensation ; Labor Relations
URLhttps://www.nber.org/papers/w13029
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/570696
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GB/T 7714
Bruno Contini,Roberto Leombruni,Lia Pacelli,et al. Wage Mobility and Dynamics in Italy in the 90's. 2007.
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