Minimum Wage for Italy: From Social Justice to Productive Efficiency

Giovanni Dosi and Maria Enrica Virgillito

Intereconomics: Review of European Economic Policy, 2024, vol. 59, issue 4, 231-235

Abstract: This article discusses the case of the minimimum wage for Italy as a policy instrument to foster both social justice and productive efficiency. After briefly reviewing the empirical evidence on the effects of minimum wages upon employment, wage distribution and firm-level reallocation, it presents a series of channels, from the micro to the macro level that can represent transmission mechanisms able to trigger positive feedback loops in the macroeconomic system.

JEL-codes: D63 J3 O4 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:intere:v:59:y:2024:i:4:p:231-235:n:1010

DOI: 10.2478/ie-2024-0046

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