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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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Wage Mobility and Dynamics in Italy in the 1990s

Wage Mobility and Dynamics in Italy in the 1990s

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

Bruno Contini

Roberto Leombruni

Lia Pacelli

Claudia Villosio

University of Chicago Press

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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