Inflation and real wages. The insufficiencies of the Italian collective bargaining system

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Date

2023-10

Journal Title

Journal ISSN

Volume Title

Publisher

Inapp

Abstract

Within the Italian industrial relations system, the relationship between inflation and collective bargaining has historically been a crucial one. The capacity of collectively agreed wages to protect workers’ purchasing power has been the object of negotiations, fights, and divisions not only between governments, employer associations and trade unions, but also within each of the parts involved. The return to high inflation rates since 2022 has highlighted the inadequacy of Italian collective bargaining institutions in defending real wages.

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Keywords

Contrattazione collettiva, Inflazione, Salario

Citation

Maccarrone V. (2023), Inflation and real wages. The insufficiencies of the Italian collective bargaining system, Sinappsi, XIII, n.2, pp.96-109 <https://oa.inapp.org/xmlui/handle/20.500.12916/4060>

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