The purpose of this project is to collect evidence on the sources of monopsony power in Italy and other European countries and to characterize their role in wage and working conditions inequality.
The MUR (Italian Ministry for Education, University, and Research) awards PRIN grants to fund research projects that normally require the collaboration of several scholars and research organizations, either national or international. The purpose of these grants is to enhance the participation of faculty in Italian universities to European initiatives related to the EU Framework Programs.
The project develops new theoretical frameworks to understand (i) the role of stabilization policies during persistent economic slumps and (ii) how the effects of those policies depend on the degree of heterogeneity in the economy.