Purpose – The purpose of this paper is to assess the role of the Protocol '93 bargaining model in favouring the slow‐down of the Italian economy and to design a correction. Design/methodology/approach – The impact of the Protocol on factor income distribution is assessed through a...

The paper aims at explaining the ineffectiveness of the tripartite social pact of July 1993 (the so-called July Protocol) in fostering growth, further to curbing inflation and favouring employment. In the light of labour productivity dynamics, wage moderation after 1993 appears as a significant...

Over the past years, non-standard, flexible employment contracts have gained in importance in many OECD countries. This has made it difficult for statisticians to apply standard classifications of working arrangements to measure and analyse labour market developments. This paper presents a new...

The recent EU initiatives on employment policy and the "Luxembourg employment strategy" underscore the relevance of benchmarking as an instrument for improving labour market performance and labour policy effectiveness. This paper presents the major results of a research project aimed at...

This paper examines the hypothesis of a quickening of capital replacement, triggered by the acceleration of technical progress. We present a microeconomic model of replacement processes inspired by the "unbalanced growth" school, highlighting the role of productivity in determining the growth...

The paper presents the findings of comparative and interdisciplinary legal and economic study on managing labour redundancies in seven EU member countries. It is structured for comparability between the systems examined. The introductory section contains an account of the evolution of the...

Purpose – The purpose of this paper is to assess the role of the Protocol '93 bargaining model in favouring the slow-down of the Italian economy and to design a correction. Design/methodology/approach – The impact of the Protocol on factor income distribution is assessed through a...