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This article discusses the case of the minimimum wage for Italy as a policy instrument to foster both social justice and productive efficiency. After briefly reviewing the empirical evidence on the effects of minimum wages upon employment, wage distribution and firm-level reallocation, it...
Persistent link: https://www.econbiz.de/10015047852
Although the common perception is that the pandemic is ‘the great equaliser', workers' tasks, contractual framework and position in the internal organisational hierarchy strongly affect their ability to work remotely.
Persistent link: https://www.econbiz.de/10012290184
By means of a long-run analysis on electoral and inequality data, this article shows that there exists a temporal correlation between inequalities and non-voting behaviour. Non-voting is progressively becoming a widespread phenomenon, beyond specific national contexts, and challenges the...
Persistent link: https://www.econbiz.de/10014334712
This note briefly examines the path that the economics discipline has taken since adopting the assumption that human behaviour is exclusively driven by utility maximisation. This view has prevented the full comprehension of most economic phenomena and has spread to other social disciplines,...
Persistent link: https://www.econbiz.de/10011956065
This article discusses the medical/therapeutical responses to the COVID-19 pandemic and their political economy context. First, the very quick development of several vaccines highlights the richness of the basic knowledge waiting for therapeutical exploitation. Such knowledge has largely...
Persistent link: https://www.econbiz.de/10012700546
Persistent link: https://www.econbiz.de/10013468411
One lesson of the Great Recession has been that countries with higher shares of industry in their GDP seemed to be less affected by the crisis. Consequently, the call for an industrial renaissance has become stronger. Industrial policy has now become a top priority in countries where it was not...
Persistent link: https://www.econbiz.de/10011282642