DESTEFANIS, Sergio; MASTROMATTEO, Giuseppe; VERGA, Giovanni - In: Rivista Internazionale di Scienze Sociali 113 (2005) 2, pp. 289-318
We examine the influence of the 1992 and 1993 wage agreements on the disinflation experienced in Italy through the 1990s, providing econometric estimates both for the reaction function of the Bank of Italy and for 2-digit industry wage equations. We rely on industry-level measures for the degree...