Labour Mobility and Wage Dynamics in Italy PDF Download
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Author: Bruno Contini
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 368
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Book Description
Author: Bruno Contini
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 368
Get Book Here
Book Description
Author: Bruno Contini
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Bruno Contini
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1513573748
Category : Business & Economics
Languages : en
Pages : 49
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Book Description
This paper summarizes statistics on the key aspects of the distribution of earnings levels and earnings changes using administrative (social security) data from Italy between 1985 and 2016. During the time covered by our data, earnings inequality and earnings volatility increased, while earnings mobility did not change significantly. We connect these trends with some salient facts about the Italian labor market, in particular the labor market reforms of the 1990s and 2000s which induced a substantial rise in fixedterm and part-time employment. The rise in parttime work explains much of the rise in earnings inequality, while the rise in fixed-term contracts explains much of the rise in volatility. Both these trends affect the earnings distribution through hours worked: part-time jobs reduce hours worked within a week, while fixed-term contracts reduce the number of weeks worked during the year as well as increase their volatility. We find weak evidence that fixed-term contracts represent a "stepping-stone" to permanent employment. Finally, we offer suggestive evidence that the labor market reforms contributed to the slowdown in labor productivity in Italy by delaying human capital accumulation (in the form of general and firm-specific experience) of recent cohorts.
Author: Mr.Eswar Prasad
Publisher: International Monetary Fund
ISBN: 1451975910
Category : Business & Economics
Languages : en
Pages : 50
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Book Description
This paper provides a synthesis of existing and new empirical perspectives on the structure of the Italian labor market, using data at different levels of disaggregation. The analysis indicates that aggregate data mask considerable disparities in labor market outcomes across regions and demographic groups. The evolutions of sectoral wage and employment structures also point to some dimensions of labor market rigidities. A micro data set with individual data is then used to highlight key structural problems that affect labor supply and demand. The implications of these different strands of empirical analysis for the formulation and effective implementation of labor market policy are then discussed.
Author: Monica Galizzi
Publisher: FrancoAngeli
ISBN: 9788846469427
Category : Business & Economics
Languages : en
Pages : 132
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Author: Paolo Ghinetti
Publisher:
ISBN:
Category :
Languages : en
Pages :
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This paper analyses the differential in annual wage growth between temporary and permanent workers in Italy, separately for stayers (wage growth within the same workplace) and movers (between jobs via job mobility). To this purpose, we use the 1995-2001 Italian component of the ECHP (European Community Household Panel). Given the potential endogeneity of the contract type on wage dynamics, our estimates are based on a fixed effects specification. The results for the movers indicate that wage growth of temporary workers is lower than that of permanent employees; by converse, the two groups share similar rates of on-the-job wage growth, i.e. growth among the stayers. The results also show that both the duration of the temporary contract and the age of the worker matter: the wage growth is lower among young employees with temporary contracts, especially if they change workplace in the year of observation.
Author: Bruno Contini
Publisher:
ISBN:
Category : Wages
Languages : en
Pages : 26
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Book Description
Inspite of the centralized nature of wage bargaining in Italy, we find some evidence suggesting the existence of firm-wage policies. Firstly, the ratio of the between-firm wage variability relative to total wage variability is sizeable, and not very dissimilar from that reported for other countries. Secondly, the tide raising all boats is quite suggestive: not only do individual wages throughout the whole distribution increase as average firm wages increases, but the spread increases too. Firm wage policy matters in shaping not only the wage level distribution but also the wage change distribution. The within-firm s.d. of wage change is almost as high as that of individual wage change, and much higher than between-firm variability of average change in wages. Worker-based statistics, on the other side, show that relative changes in individual wages follow the business cycle, although different parts of the distribution react in a different way to it, the upper tail having a higher responsiveness. Both facts are at odds with the often reported rigidity of Italian wages. Indeed, the detected flexibility is mainly driven by movers and short tenure workers. The cross-country comparison suggests that the relatively high degree of wage compression in Italy could be associated with higher entry and exit rates.
Author: Emilia Del Bono
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This paper investigates the way in which job mobility contributes to the emergence of a gender wage gap in the Italian labour market. We show that men experience higher wage growth than women during the first 10 years of their career, and that this difference is particularly large when workers move across firms. This gender mobility penalty is robust to the inclusion of individual, job and firm characteristics, to different ways of accounting for individual unobserved heterogeneity, and is mainly found for voluntary job moves. Exploring the wage growth of job movers, we find that a significant gender wage penalty emerges when workers move to larger firms. This might be explained by the fact that bigger establishments offer jobs more highly valued by women than men or that the relationship between job satisfaction and firm size is less negative for women than men. Using data on job satisfaction, we find evidence for the latter hypothesis as well as some indication that wages and fringe benefits compensate for lower levels of job satisfaction in larger firms, but that this is so only for men.
Author: Berton, Fabio
Publisher: Policy Press
ISBN: 1847429084
Category : Political Science
Languages : en
Pages : 200
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Book Description
The economic crisis has revealed the dark side of deregulation in the labour market: rising unemployment, limited access to social security and, due to low wages, no savings to count upon in bad times. This book casts light on the empirical relationship between labour market deregulation through non-standard contracts and the three main dimensions of worker security: employment, income and social security. Focusing on individual work histories, it looks at how labour market dynamics interact with the social protection system in bringing about inequality and insecurity. In this context Italy is put forward as the epitome of flexibility through non-standard work and compared with three similar countries: Germany, Spain and Japan. Results show that when flexibility is carried out as a mere cost-reduction device and social security only relies on insurance principles, deregulation leads to insecurity. 'The political economy of work security and flexibility' is essential reading for academics, students, practitioners and policy makers interested in the outcomes of labour market developments in advanced economies over the past twenty years.
