Series: IMF Working Papers
Author(s): Alvar Kangur
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 March 2018
Keywords: Europe, Exports, Italy, Labor costs, competitiveness, exchange rate, labor market reforms, wage bargaining, search and matching, DSGE models
The growth of Italian exports has lagged that of euro area peers. Against the backdrop of unit labor costs that have risen faster than those in euro area peers, this paper examines whether there is a competitivenes...