The Italian Labor Market: Stylized Facts, Institutions, and Directions for Reform

49 Pages Posted: 15 Feb 2006  

Eswar S. Prasad

Cornell University - Dyson School of Applied Economics and Management; Cornell University - Department of Economics; Brookings Institution; NBER; IZA Institute of Labor Economics

Francesca Utili

University of Rome, Tor Vergata

Date Written: April 1998

Abstract

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.

Keywords: Employment and wage structures, labor market institutions, rigidities, policy implications

JEL Classification: J20, J31, J60

Suggested Citation

Prasad, Eswar S. and Utili, Francesca, The Italian Labor Market: Stylized Facts, Institutions, and Directions for Reform (April 1998). IMF Working Paper, Vol. , pp. 1-49, 1998. Available at SSRN: https://ssrn.com/abstract=882292

Eswar S. Prasad (Contact Author)

Cornell University - Dyson School of Applied Economics and Management ( email )

440 Warren Hall
Ithaca, NY 14853
United States

HOME PAGE: http://prasad.aem.cornell.edu

Cornell University - Department of Economics ( email )

414 Uris Hall
Ithaca, NY 14853-7601
United States

Brookings Institution ( email )

1775 Massachusetts Ave, NW
Washington, DC 20036
United States

NBER ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Francesca Utili

University of Rome, Tor Vergata

Via di Tor Vergata
Rome, Lazio
Italy

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