Adamopoulou, Effrosyni; De Philippis, Marta; Sette, Enrico - 2020
This paper studies the long term consequences on workers' labour earnings of the credit crunch induced by the 2007 …-2008 financial crisis. We study the evolution of both employment and wages in a large sample of Italian workers followed for nine … also high-type (and therefore more expensive) workers, even though wages do react to the slack. All in all, our results …