Webinar “Wage setting regulation after the pandemic” – Bologna, 19 giugno 2020
In the context of this sudden exogenous crisis, wage-setting regulation can play the role as stabilizer of demand. In the short and medium run, minimum wage policies could be able to counteract income volatility and preventing workers from ending up in in-work poverty.
However, the reality it is not so clear. Who should set the minimum wage? Statutory minimum wage? What is the role of Social partners? So many questions are still pending, many of them were already known before the pandemic and others will derive from the steadily changing situation.