Skip to main content
padlock icon - secure page this page is secure

Profit-sharing in a Multiple Bargaining System: The Italian Case

Buy Article:

$48.00 + tax (Refund Policy)

Over the last decade, increasing attention has been given to the role of multiple bargaining schemes in wage setting systems. In attemping to evaluate the effects of two-level bargaining, the economic literature has placed the emphasis primarily on the inflationary danger that would be brought on by wage drift phenomena and, in general, on the problem that the positive effects of centralisation would be thwarted by demands made at the 'local' level. Much less attention has been given to the positive incentive role that profit sharing schemes may play in a multiple bargaining system. The situation in Italy appears to provide an interesting case for analysing this issue. There has in fact been a change in bargining regulations in 1993. The new system sets in motion an intensification of decentralised bargaining and the promotion of financial participation of employees in company results. The aim of this paper is firstly to examine the diffusion and the main features of the profit sharing experience in Italy after 1993, and, secondly, to test whether the rapid diffusion of profit-sharing schemes in Italy has been associated with the macro-benefits that can be expected from linking pay to local performance under partly decentralised bargaining-in particular limiting wage inflation.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
No Metrics

Document Type: Research Article

Affiliations: Department of Economics, Via Pascoli 20, 06123 Perugia, University of Perugia.

Publication date: 01 June 2000

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more