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Fig. 8 | IZA Journal of Labor Policy

Fig. 8

From: Has the wage Phillips curve changed in the euro area?

Fig. 8

Phillips curve in Italy: coefficients of year dummies interacted with province-level unemployment rates. Effect on wages calculated after removing composition effects and turnover. a Firms. b Workers. INPS data: sample of firms and workers. Robust standard errors indicate that the coefficients are negative and significantly different from zero after 2009 (at standard significance levels)

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