Where Do Migrants Go? Risk-Aversion, Mobility Costs and the Locational Choice of Migrants. Wage Indexation Bargaining and Inflation

F Drudi and Raffaela Giordano ()

Working Papers from Banca Italia - Servizio di Studi

Abstract: Price versus productivity indexing is considered in a model of monetary policy with wage bargaining. The wage-indexing rule is negotiated in a first stage of the game between government, union and firm.

Keywords: INFLATION; WAGE DETERMINATION; TRADE UNIONS; MONETARY POLICY (search for similar items in EconPapers)
JEL-codes: E31 E52 J31 J51 (search for similar items in EconPapers)
Pages: 47 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:fth:banita:292

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