Boeri, Tito; Ichino, Andrea; Moretti, Enrico; Posch, Johanna - 2019
reduce inequality. We study the local and aggregate effects of collective bargaining in Italy and Germany. The two countries … West more productive than the East in Germany - but have adopted different models of wage bargaining. Italy sets wages … based on nationwide contracts that allow for limited local wage adjustments, while Germany has moved toward a more flexible …