Labor Costs and Corporate Investment in Italy /

The recovery of private investment in Italy has lagged its euro area peers over the past decade. This paper examines the role of elevated labor costs in hindering the recovery. Specifically, labor costs rose faster than labor productivity prior to the global financial crisis and have remained high s...

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Bibliographic Details
Main Author: Garcia-Macia, Daniel
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/038
Online Access:Full text available on IMF