Incomes Policies as Co-operative Strategies: Lessons from the Italian Experience of the 1980s

Renato Brunetta and Carlo Carraro ()

Chapter 10 in Labour Relations and Economic Performance, 1990, pp 255-282 from Palgrave Macmillan

Abstract: Abstract Incomes policy, as a part of Keynesian policy-making, was introduced in the early 1960s. However, its relevance as a stabilisation tool was particularly emphasised in the following decade, when large inflationary phenomena and social tensions in the labour market became the main concern of governments and economists.1

Keywords: Subgame Perfect Equilibrium; Nominal Wage; Social Party; Income Policy; External Authority (search for similar items in EconPapers)
Date: 1990
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DOI: 10.1007/978-1-349-11562-4_10

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