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Italy: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2002: Issue 232
Language:
English
Publication Date:
25 Oct 2002
DOI:
https://doi.org/10.5089/9781451819830.002
ISBN:
9781451819830
ISSN:
1934-7685
Pages:
74
Keywords:
ISCR; CR; TFP growth; tax; dampening productivity growth; wage differentiation; employment growth; staff estimate; tax rate; Total factor productivity; Wages; Wage bargaining; Income; Output gap; Europe; Global
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The Selected Issues paper provides an estimate of the output gap and potential output for Italy, and examines the sensitivity of the results to assumptions regarding employment and productivity growth. The paper focuses on the labor market more directly by examining the linkages between wage bargaining systems, regional wage differentiation, and regional unemployment disparities. It also provides an assessment of the government’s tax reform program, including its potential to increase incentives for employment and investment.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund