Purpose – The purpose of this paper is to assess the role of the Protocol '93 bargaining model in favouring the slow-down of the Italian economy and to design a correction. Design/methodology/approach – The impact of the Protocol on factor income distribution is assessed through a...

Purpose – The purpose of this paper is to assess the role of the Protocol '93 bargaining model in favouring the slow‐down of the Italian economy and to design a correction. Design/methodology/approach – The impact of the Protocol on factor income distribution is assessed through a...