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share of long-term unemployment. The rise in unemployment and its persistently high level have been blamed, both in Italy … Italy. In particular, the existence of high wage floor - either set through statutory minimum wages or by collective …
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share of long-term unemployment. The rise in unemployment and its persistently high level have been blamed, both in Italy … Italy. In particular, the existence of high wage floor -- either set through statutory minimum wages or by collective …
Persistent link: https://www.econbiz.de/10011608629
In this paper we investigate wage determination among professional football players ranked in the Italian A and B series. Since football is a highly labor intensive activity, both scale economies and scarcity of the most talented players emerge as the main determinants of the high earnings...
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