EDF 2014: The Missing Sources for Growth. The Economic and Financial Document (EFD) 2014 for Italy describes a country which does not grow and will hardly grow even in the near future. The document announces a programme of structural reforms in the labour market and for competitiveness which...

Il declino della produttivita' e della competitivita' dell'Italia ha radici lontane, che con l'Euro si sono acuite ma di cui l'Euro non tiene responsabilità. Esse sono radicate in fattori strutturali, dal lato della domanda, della distribuzione e dell'innovazione, che hanno posto in crisi la...

La Legge di Stabilita' 2014-2016 elaborata dal Governo italiano ed approvata dal Parlamento e' volta al rispetto dei vincoli previsti dai Trattati europei, e non alla crescita del reddito e dell'occupazione. Cio' nonostante, la Commissione Europea non ha ritenuto di dare "semaforo verde", in...

Several empirical works have shown the robust and positive relation between growth and innovation at macroeconomic level and between firm economic performance and innovation at microeconomic level. However, the economists have had less opportunities to study such linkages during severe global...

The shifting of labour demand towards relatively more skilled workers has been a hot issue in the economic field for many years. A consolidated explanation for the upskilling phenomenon is that technological-organisational changes have driven the labour demand with detrimental consequences for...

Agenda Monti is the electoral programme of the Italian Prime Minister Mario Monti for the next national election, due in 2013 spring. In this paper we discuss a specific issue of this Agenda: Performance Related Pay. We argue that the concept of flexible wage through firm level bargaining is a...

La BCE suggerisce che le retribuzioni nominali del lavoro debbano crescere in linea con la produttività dei lavoratori, e non oltre questa. I Paesi "viziosi" che non rispettano questa regola perdono progressivamente competitività. Questa è la "regola di piombo" per la distribuzione del...

Since 2008 the economic crisis has reduced income and drastically brought down employment levels, and the recovery promised in 2014 will not reabsorb unemployment, particularly in Europe. The ILO and IMF have forecast a jobless recovery. Nevertheless, economic policy in Europe will remain in...

Expansionary Austerity, Expansionary Precariousness and the Jobs Act. In the last years of the crisis, the devaluation policy on labour has exacerbated the negative effects of austerity on domestic demand. Nevertheless, the European Commission, also in the recent countries recommendations, keeps...

The aim of this paper is to analyse the link between flexible pay systems (FPS) and labour productivity, with a close look at wage premium determinants as elements disclosing specific managerial strategies. The analysis was conducted on a sample of more than 500 manufacturing firms located in...