Beyond Regional Institutions: Widening Unemployment Differentials in Italy

Limosani, Michele

doi:10.1111/j.1121-7081.2004.00272.x

Cited by 6 publications

(3 citation statements)

References 10 publications

(7 reference statements)

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“…However, empirical evidence shows that disparities not only do not vanish in the medium/long run, but that they can be highly persistent, or, even worse, they can increase dramatically through time (see Limosani, 2004, for the Italian case, and Bande et al, 2008, for the Spanish case). Consequently, several authors have tried to explain regional disparities through various approaches and theories.…”

Section: Introductionmentioning

confidence: 99%

Spanish Regional Unemployment Revisited: The Role of Capital Accumulation

Bande

Karanassou

2013

Regional Studies

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. www.econstor.eu The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post Foundation. The center is associated with the University of Bonn and offers a stimulating research environment through its international network, workshops and conferences, data service, project support, research visits and doctoral program. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. Terms of use: Documents in D I S C U S S I O N P A P E R S E R I E SIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author. This paper provides new evidence for the evolution of regional unemployment rates in Spain over the 1980-2000 period. We argue that interactive dynamic systems of labour demand, wage setting, and labour force equations (i) allow for a richer interpretation of regional disparities, and (ii) can capture the unemployment effects of growing variables such as capital stock. After classifying the 17 Spanish regions into high and low unemployment groups using kernel and cluster techniques, we estimate a structural labour market model for each group and evaluate the unemployment contributions of investment, benefits, taxes, and the oil price. We find that the main driving force of regional unemployment swings is capital accumulation.JEL Classification: R23, J64

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Section: Introductionmentioning

confidence: 99%

Spanish Regional Unemployment Revisited: The Role of Capital Accumulation

Bande

Karanassou

2013

Regional Studies

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“…(2006) note the importance of industry agreements, and the limited role of local bargaining. Indeed, Limosani's (2004) recent model of Italian unemployment simply assumes no regional differentiation in wages. On the other hand, the debate on bargaining reform (EIRO, 2004) reveals nearly 300 sectoral wage agreements registered with the National Statistical Institute, which indicates flexibility.…”

Section: Introductionmentioning

confidence: 99%

Real Wage Cyclicality in Italy

Peng

Siebert

2008

Labour

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in Real Wage Cyclicality in ItalyFei Peng W. Stanley Siebert The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit company supported by Deutsche Post World Net. The center is associated with the University of Bonn and offers a stimulating research environment through its research networks, research support, and visitors and doctoral programs. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. D I S C U S S I O N P A P E R S E R I E SIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author. We distinguish between job stayers (remaining in the same job), and within-and between-company job movers. Stayers are the large majority. We find stayers in Northern Italy to have high cyclicality of real wages, higher in fact than the US and the UK. The Northern cyclicality is significant for all sub-samples (except for public sector workers), and higher in small firms, the private sector, and for temporary workers, as expected. In contrast, we find little wage cyclicality for any sub-group in the Centre-South, even for workers in small private sector firms. Evidently, labour markets in the North of Italy operate much more competitively than in the Centre and South.JEL Classification: E32, J31, K31

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“…On the one hand, the Constitution makes collective agreements generally binding (OECD, 2004, 149), and the courts use minimum wages from sectoral agreements to determine whether wages conform to constitutional requirements. Also, Italy's1993 tripartite incomes policy agreement (EF, 1993) has had a centralising effect -indeed, Limosani's (2004) recent model of Italian unemployment simply assumes no regional differentiation in wages. On the other hand, the debate on bargaining reform (EIRO, 2004) reveals nearly 300 sectoral wage agreements registered with the National Statistical Institute, which indicates flexibility.…”

Section: Introductionmentioning

confidence: 99%