Firm-level distributional dynamics: Labour share in Italian medium-large firms

Author(s)
Bloise, Francesco
National Institute for Public Policy Analysis
Cirillo, Valeria
Date Issued
May 31, 2019
Subjects
Determinazione dei salari
Sviluppo delle imprese
Abstract
In this paper, we explore the main drivers of firm-level labour share focusing on a sample of medium-large Italian firms. Taking advantage of the Rilevazione Imprese e Lavoratori (RIL) run by Inapp in 2010 and 2015, we explore the main drivers of changes in labour share on a heterogeneous sample of firms emphasizing different mechanisms at work among those firms showing higher labour share and firms with lower labour share. The results suggest an overall pattern of polarization: “more unequal firms” register a decline in labour share over the crisis, while the so-called “more equal firms” show an increase of the labour share even during the crisis period.
Citation
Bloise F., Brunetti I., Cirillo V. (2019), Firm-level distributional dynamics: Labour share in Italian medium-large firms, Roma, INAPP, WP, n. 8 <https://oa.inapp.org/xmlui/handle/20.500.12916/413>
URI
Type
Working Paper
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