The institutional wage adjustment to import competition: evidence from the Italian collective bargaining system.

Autor/inn/en	Matano, Alessia; Naticchioni, Paolo; Vona, Francesco
Titel	The institutional wage adjustment to import competition: evidence from the Italian collective bargaining system. Gefälligkeitsübersetzung: Die institutionelle Lohnanpassung an den Importwettbewerb: Erkenntnisse aus dem italienischen Tarifverhandlungssystem.
Quelle	In: Oxford economic papers, 75 (2023) 3, S. 631-651 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; Zeitschriftenaufsatz
ISSN	1464-3812
DOI	10.1093/oep/gpac033
Schlagwörter	Beschäftigungseffekt; Einkommenseffekt; Globalisierung; Import; Mindestlohn; Tarifverhandlung; Qualifikation; Auswirkung; Einflussfaktor; Institution; Italien
Abstract	"A growing body of research has contributed to understanding the labour market and political effects of globalization. This article explores an overlooked feature of trade-induced adjustments in the labour market: the institutional aspect. We take advantage of the Italian collectively bargained minimum wage system, which is based on a two-tier structure, whereby the first tier entails setting minimum wages at the national 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 non-significant effect of trade on total wages, with the latter becoming positive and large only for highly skilled workers." The study refers to the period 1995-2003. (Author's abstract, IAB-Doku)..
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2024/1