Italy: Selected Issues

August 5, 1998

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Format: Chicago

Italy: Selected Issues, (USA: International Monetary Fund, 1998) accessed November 22, 2024

Summary

This Selected Issues paper describes stylized facts, institutions, and directions for reform in the Italian labor market. The paper examines developments in aggregate features of the labor market. It highlights that during the latest cyclical recovery, total employment has remained stagnant and the unemployment rate has not declined despite modest output growth. The paper examines different features of labor market developments from a longer-term perspective, reviewing developments in regional labor markets as well as the evolutions of employment shares and relative wages across sectors. The paper also describes the Italian social protection system.

Subject: Employment, Income, Labor, Labor markets, National accounts, Pensions, Wages

Keywords: Business saving, CR, Current account, Dividend payout, Early retirement, Earnings differential, Employment, Europe, Global, Income, Indexation system, ISCR, Labor income share, Labor market, Labor markets, Nominal wage, Northern Europe, Pension system, Pensions, Poverty line, Retained earnings, Saving-investment balance, Terms of trade, Unemployment rate, Wages

Publication Details

Pages:

182
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1998/057
Stock No:

1ITAEA0011998
ISBN:

9781451819717
ISSN:

1934-7685

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