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Labour-Market Dynamics and Unemployment: New Scenarios in the Italian Economy

In: Social Exclusion

Author

Listed:
  • Carlo Lucarelli

    (ISTAT)

  • Chiara Mussida

    (Università Cattolica del Sacro Cuore)

Abstract

The availability of new longitudinal data on the Italian labour market for the time period 2004–2009 allows us to depict new scenarios for both labour mobility and unemployment, the latter having increased in relevance since the beginning of the current economic downturn. To achieve an exhaustive picture of the Italian labour market we propose investigation in two directions: we provide both a descriptive analysis and an econometric investigation by estimating multinomial logit models. We find that as far as our analyses go, possessing some particular characteristics reduces the negative impact of the economic downturn. More precisely, individuals with work experience and high educational qualifications have a higher probability of finding a job. On the other hand, older workers with temporary contracts (and also with permanent contracts) are more likely to become unemployed.

Suggested Citation

  • Carlo Lucarelli & Chiara Mussida, 2012. "Labour-Market Dynamics and Unemployment: New Scenarios in the Italian Economy," AIEL Series in Labour Economics, in: Giuliana Parodi & Dario Sciulli (ed.), Social Exclusion, chapter 0, pages 239-264, Springer.
  • Handle: RePEc:spr:aiechp:978-3-7908-2772-9_12
    DOI: 10.1007/978-3-7908-2772-9_12
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    Cited by:

    1. Chiara Mussida & Carlo Lucarelli, 2014. "Dynamics and Performance of the Italian Labour Market," Economia politica, Società editrice il Mulino, issue 1, pages 33-54.

    More about this item

    Keywords

    Labour mobility; Unemployment; Multinomial models;
    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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