Labor Costs and Corporate Investment in Italy

Labor Costs and Corporate Investment in Italy
The recovery of private investment in Italy has lagged its euro area peers over the past decade. This paper examines the role of elevated labor costs in hindering the recovery. Specifically, labor costs rose faster than labor productivity prior to the global financial crisis and have remained high since, weighing on firms’ profits, capital... READ MORE...

Publication date: February 2020
ISBN 9781513529721
$18.00

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