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Dynamics and Performance of the Italian Labour Market

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  • Chiara Mussida
  • Carlo Lucarelli

Abstract

This paper analyses the dynamics and performance of the Italian labour market before and during the crisis using longitudinal 2004-2011 LFS data. To achieve an exhaustive picture of the labour marketwe propose investigation in two directions: we provide both a descriptive analysis and an econometric investigation by estimating probit models. We find that, at least as far as our analyses go, the labour market in Italy is quite active, and we confirm flaws in the conventional wisdom that the Italian economy is characterised by an inflexible and tight labour market. In terms of performance, some marginal categories (women and young people) suffer not only from the negative effects of the crisis but also from the deeper structural weakness of the Italian economic system.

Suggested Citation

  • Chiara Mussida & Carlo Lucarelli, 2014. "Dynamics and Performance of the Italian Labour Market," Economia politica, Società editrice il Mulino, issue 1, pages 33-54.
  • Handle: RePEc:mul:jb33yl:doi:10.1428/76490:y:2014:i:1:p:33-54
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    2. Devillanova, Carlo & Raitano, Michele & Struffolino, Emanuela, 2019. "Longitudinal employment trajectories and health in middle life: Insights from linked administrative and survey data," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 40, pages 1375-1412.
    3. Mirela Ionela Aceleanu & Andreea Claudia Serban & Cristina Burghelea, 2015. "“Greening” the Youth Employment—A Chance for Sustainable Development," Sustainability, MDPI, vol. 7(3), pages 1-21, March.
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    5. Maurizio Bovi & Massimo Mancini, 2016. "Recessions, expectations, and labor supply dynamics," Quality & Quantity: International Journal of Methodology, Springer, vol. 50(2), pages 653-671, March.

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    Keywords

    JEL Classification: C25; C40; J60; J63.;
    All these keywords.

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • C40 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - General
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General

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