Wage Equalization and Regional Misallocation


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In many European countries, wages are determined by collective bargaining agreements intended to improve wages and reduce inequality. Tito Boeri discusses the local and aggregate effects of collective bargaining in Italy and Germany. 

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Authors: Tito Boeri, Andrea Ichino, Enrico Moretti, Johanna Posch

Image courtesy of interviewee. February 19, 2022

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