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The Structure of WagesAn International Comparison$
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Edward P. Lazear and Kathryn L. Shaw

Print publication date: 2009

Print ISBN-13: 9780226470504

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226470511.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 25 September 2021

Wage Mobility and Dynamics in Italy in the 1990s

Wage Mobility and Dynamics in Italy in the 1990s

Chapter:
(p.373) 10 Wage Mobility and Dynamics in Italy in the 1990s
Source:
The Structure of Wages
Author(s):

Bruno Contini

Roberto Leombruni

Lia Pacelli

Claudia Villosio

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226470511.003.0011

This chapter, which describes the structure of wages within and between Italian firms in the 1990s, shows that firms do not follow a pay compression model in their wage policy. Firm wage policy matters in shaping the wage level distribution and also the wage change distribution. Low-wage firms almost always exhibit the highest positive net flows, which is consistent with what is observed in other countries. The link between firm size and within-firm individual seniority is positive, and exit rates decline as wages increase. In Italy, almost all large firms directly bargain over wages with unions, holding the nationwide industry contract as a benchmark. Negative wage growth is more common among movers and short-tenure workers. In addition, worker entry and exit rates are higher at low-pay firms and lower at high-pay firms.

Keywords:   Italian firms, wage policy, Italy, wage growth, worker entry, worker exit

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