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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Bibliografiska uppgifter
Huvudupphovsman: Garcia-Macia, Daniel
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2020.
Serie:IMF Working Papers; Working Paper ; No. 2020/038
Länkar:Full text available on IMF