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The association of economic and cultural capital with the NEET rate: differential geographical and temporal patterns

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  • Enrico Ripamonti

    (University of Milan-Bicocca
    Karolinska Institutet, A Medical University)

  • Stefano Barberis

    (University of Milan-Bicocca
    Ente Nazionale Per Il Microcredito)

Abstract

Using data from 103 Italian provinces, we investigated the relationship between local/regional development, and NEET. We constructed an indicator of cultural capital and another of economic capital and we studied their relation with the NEET rate. Covariance Structure Analysis with Generalized Least Squares estimation was employed, considering a three time-points retrospective model. Results indicate a consistent protective effect of the economic capital on the NEET rate, both in the short run (2 years) and in the medium run (10 years). However, this effect has been obtained in the Central provinces (at 2 and 10 years) and Southern provinces (at 10 years), but not in the Northern provinces. A mediation analysis indicated that, historically, the cultural capital may partly mediate the effect of the economic capital. We did not detect a significant direct effect of the cultural capital on the NEET rate, which is strongly mediated by the action of the economic capital. Together, these results denote that the economic capital is a strong predictor of NEET, but not in very competitive economic areas.

Suggested Citation

  • Enrico Ripamonti & Stefano Barberis, 2021. "The association of economic and cultural capital with the NEET rate: differential geographical and temporal patterns," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 55(1), pages 1-17, December.
    • Handle: RePEc:spr:jlabrs:v:55:y:2021:i:1:d:10.1186_s12651-021-00296-y
    DOI: 10.1186/s12651-021-00296-y
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    2. Aina, Carmen & Brunetti, Irene & Mussida, Chiara & Scicchitano, Sergio, 2021. "Even more discouraged? The NEET generation at the age of COVID-19," GLO Discussion Paper Series 863, Global Labor Organization (GLO).
    3. Enrico Ripamonti, 2023. "Cultural capital, economic capital, and participation in early childhood education: A place‐based approach," Regional Science Policy & Practice, Wiley Blackwell, vol. 15(2), pages 387-402, April.

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