The labor wage is the result of market variables and institutional settings of a country. In an open economy the determination of the market wage rate may be further affected by the extent of international mobility of both factors of production, labor and capital. Labor mobility is represented...

TThe labor wage is the result of market variables and institutional settings of a country. In an open economy the determination of the market wage rate may be further affected by the extent of international mobility of both factors of production, labor and capital. Labor mobility is represented...

The main channel through which labour market institutions are supposed to work in affecting unemployment is through their effects on the key parameters of the wage curve. In particular, labour market institutions may have both a direct wage push (or level) effect, i.e. change the level of the...

Questo saggio presenta una rassegna critica della letteratura teorica ed empirica sulle relazioni tra riforme del mercato dei prodotti e crescita della produttività. Come insegnano la teoria e l’evidenza empirica sulla crescita, le determinanti principali della dinamica della produttività...