Wage Indexation and the Evolution of Returns to Education in Italy, 1978–92
In this chapter I study the effect of a specific institution — the Scala Mobile (SM) — on changes in returns to education in Italy between the late 1970s and the early 1990s, using micro data from the Bank of Italy’s Survey of Households’ Income and Wealth.
KeywordsAdvance Country Generalize Little Square Indexation Mechanism Wage Structure Earning Differential
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