The EU Commission’s recent report on Monitoring progress in the Member States for Italy, on pag 2, acknowledges that “Slow productivity growth is mostly due to inefficiency in allocating resources. Indeed, Italy’s investment rate is comparable to that of other euro-area countries, but its level of capital efficiency is lower and declining.According to a recent […]
Wages
Salari e Occupazione: Le Conseguenze Macroeconomiche di Mirafiori
Il mio articolo su lavoce.info del 12/1/2011 si trova qui (english version on voxeu.org is here )