Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/107497
Authors: 
Andini, Corrado
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Papers 8701
Abstract: 
Using Difference-in-Differences estimation and data from the European Community Household Panel, this paper suggests that the fixed exchange-rate policy adopted by Italy in the 1997-2000 period has reduced the real hourly wage growth of Italian full-time workers with permanent contracts, on average, by 3%. Yet, the cost of the policy has been ultimately paid by the private sector where real wage growth has decreased by 5.4%.
Subjects: 
difference-in-differences
productivity
wages
JEL: 
J31
C23
Document Type: 
Working Paper

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