NAIRU: Incomes Policy and Inflation
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Italy has been one of the few industrial countries resorting to incomes policy in the current decade. Many Italian observers have attributed to this policy the remarkable slowdown in wage and price inflation. However, no apparent progress has been made concerning labour market unbalances, as the unemployment rate remains 4 percentage points above...
