CREEi has made available today its fifth working paper this year (#21-05): “Italian Labour Frictions and Wage Rigidities in an Estimated DSGE.”

The paper, co-authored by Chair co-holder Raquel Fonseca along with Josué Diwambuena and Stefan Schubert, examines the influence of Italian labour market institutions on business cycle fluctuations.

To consult it, click here.