No. 48 - Wage indexation income and inflation

by Luigi Guiso
Vai alla versione italiana Site Search

The paper deals with wage indexation and output and price stability in a closed economy. It addresses the issue of the joint determination of the optimal degree and frequency of wage indexation in situations where there are costs involved in the management of the indexation mechanism. Some recent proposals for reforming the actual Italian indexation system are also examined.

Full text

  1. 30 June 1985
    No. 48 - Wage indexation income and inflation
    PDF 2 MB

Sezione di approfondimento