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 … of unemployment. An additional dimension of "segmentation" also characterises the Italian labour market, notably the 30 …

International comparisons show that countries with co-ordinated wage setting generally have lower unemployment than … circumstances a passive regime may induce co-operation in wage setting, and thus lower unemployment, when a stricter regime would …

labor input, but it predicts a strong counterfactually negative long run relationship between inflation and unemployment … negative long run relationship between trend inflation and unemployment provides indirect evidence against the proposed …

's writing to descripe corporatism as a means for attaining the collective goods of low unemployment and low inflation in highly …

International comparisons show that countries with co-ordinated wage setting generally have lower unemployment than … circumstances a passive regime may induce co-operation in wage setting, and thus lower unemployment, when a stricter regime would …

wages. A one-point increase in the unemployment rate decreases wages of newly hired male workers by around 2.8% and by just …

Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume … jobs. This form of wage rigidity does not affect job creation and thus cannot explain the unemployment volatility puzzle. …