WAGE REGULATION AND PERFORMANCE-RELATED PAY IN ITALIAN PUBLIC SECTOR

Cesare Vignocchi ()
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Cesare Vignocchi: REF Ricerche, Milan

Rivista Internazionale di Scienze Sociali, 2020, vol. 128, issue 1, 125-143

Abstract: Attempts to reform the Italian civil service in the last 30 years have been mainly done mimicking private sector practices. The results have been quite disappointing. Useful hints can be obtained from a principal-agent model, with regard to the difficulty of measuring output and – even more – outcome. More convincing is an alternative collusive equilibrium model, which clarifies the distance between private and public employers. Useful indications for the future can be drawn from these failures.

Keywords: Performance-related; Collusive equilibrium; New public management (search for similar items in EconPapers)
JEL-codes: D73 J50 M52 (search for similar items in EconPapers)
Date: 2020
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