The institutional adjustment margin to import competition. Evidence from Italian minimum wages.

Autor/inn/en	Matano, Alessia; Naticchioni, Paolo; Vona, Francesco
Institution	Forschungsinstitut zur Zukunft der Arbeit
Titel	The institutional adjustment margin to import competition. Evidence from Italian minimum wages. Gefälligkeitsübersetzung: Die institutionelle Anpassunsgrenze an den Importwettbewerb. Erkenntnisse über italienische Mindestlöhne.
Quelle	Bonn (2019), 27 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	IZA discussion paper. 12714
Sprache	englisch
Dokumenttyp	online; Monographie
ISSN	2365-9793
Schlagwörter	Außenhandel; Beschäftigungseffekt; Einkommenseffekt; Globalisierung; Import; Internationaler Wettbewerb; Mindestlohn; Niedriglohn; Tarifverhandlung; Beschäftigungsstruktur; Qualifikation; Qualifikationsstruktur; Auswirkung; Institution; Italien
Abstract	"A growing body of research has contributed to understanding the labor market and political effects of globalization. This paper explores an overlooked aspect of trade-induced adjustments in the labor market: the institutional aspect. We take advantage of the twotier collective bargaining structure of the Italian labor market, whereby the first tier entails setting minimum wages at the contract level. Using an instrumental variable strategy and exploiting variations in contract-level exposure to trade, we find for the 1995-2003 period that, on average, the surge in imports decreased contractual minimum wages by 1.5%. This impact increases in the share of unskilled workers employed in the contract. This negative institutional effect contrasts with a nonsignificant effect of trade on total wages, with the latter becoming positive and large only for highly skilled workers." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2020/3