Work

Inflation and real wages

Year: 2023
Type: article
Abstract: Within the Italian industrial relations system, the relationship between inflation and collective bargaining has historically been a crucial one. The capacity of collectively agreed wages to protect workers’ purchasing power has been the object of negotiations, fights, and divisions not only between governments, employer associations and trade unions, but also within each of the parts involved. The return to high inflation rates since 2022 has highlighted the inadequacy of Italian collective bargaining institutions in defending real wages.
Source: Sinappsi
Language: English
Open Access status: diamond
OpenAlex ID: W4387915908
FWCI: 2.188
Cites: 16
Cited by: 6
Related to: 10