IMF Staff Country Reports

Italy: Selected Issues

October 25, 2002

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International Monetary Fund. "Italy: Selected Issues", IMF Staff Country Reports 2002, 232 (2002), accessed November 8, 2025, https://doi.org/10.5089/9781451819830.002

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Summary

The Selected Issues paper provides an estimate of the output gap and potential output for Italy, and examines the sensitivity of the results to assumptions regarding employment and productivity growth. The paper focuses on the labor market more directly by examining the linkages between wage bargaining systems, regional wage differentiation, and regional unemployment disparities. It also provides an assessment of the government’s tax reform program, including its potential to increase incentives for employment and investment.

Subject: Income, Labor, National accounts, Output gap, Potential output, Production, Total factor productivity, Wage bargaining, Wages

Keywords: CR, Dampening productivity growth, Employment growth, Europe, Global, Income, ISCR, Output gap, Staff estimate, Tax, Tax rate, TFP growth, Total factor productivity, Wage bargaining, Wage differentiation, Wages

Publication Details

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