Minimum Wage for Italy: From Social Justice to Productive Efficiency

Giovanni Dosi; Maria Enrica Virgillito

doi:10.2478/ie-2024-0046

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Minimum Wage for Italy: From Social Justice to Productive Efficiency

Intereconomics

Volume 59 (2024): Issue 4 (August 2024)

By: Giovanni Dosi and Maria Enrica Virgillito

Open Access

|Aug 2024

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.

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Articles in this issue

DOI: https://doi.org/10.2478/ie-2024-0046 | Journal eISSN: 1613-964X | Journal ISSN: 0020-5346

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Language: English

Page range: 231 - 235

Published on: Aug 15, 2024

Published by: ZBW – Leibniz-Informationszentrum Wirtschaft

In partnership with: Paradigm Publishing Services

Publication frequency: 6 issues per year

Keywords:

J3,

D63,

Related subjects:

Business and economics,

Political economics,

Microeconomics,

Macroeconomics,

Public finance and fiscal theory,

Economic policy

© 2024 Giovanni Dosi, Maria Enrica Virgillito, published by ZBW – Leibniz-Informationszentrum Wirtschaft
This work is licensed under the Creative Commons Attribution 4.0 License.

Volume 59 (2024): Issue 4 (August 2024)