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The Dark, and Independent, Side of the Italian Labour Market

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Maurizio Bovi

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Abstract

This paper presents an empirical investigation of the two faces of the Italian labour market, the dark and the regular. Results from 'exhaustive' VAR/VEC models suggest that there are no connections (causal relationships, feedback, contemporaneous correlation) between them. In this sense, we could correctly refer to undeclared work as an 'independent' side of the market. I interpret these results as providing empirical support for the ineffectiveness of labour policies in converting black economy employment into regular over the last two decades. Copyright 2005 CEIS, Fondazione Giacomo Brodolini and Blackwell Publishing Ltd.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-9914.2005.00319.x
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Publisher Info
Article provided by CEIS, Fondazione Giacomo Brodolini and Blackwell Publishing Ltd in its journal LABOUR.

Volume (Year): 19 (2005)
Issue (Month): 4 (December)
Pages: 721-748
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Handle: RePEc:bla:labour:v:19:y:2005:i:4:p:721-748

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1121-7081

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  1. Maurizio Bovi, 2007. "National accounts, fiscal rules and fiscal policy. Mind the hidden gaps," ISAE Working Papers 76, ISAE - Institute for Studies and Economic Analyses - (Rome, ITALY). [Downloadable!]
  2. Maurizio Bovi, 2006. "The Cyclical Behavior of Shadow and Regular Employment," ISAE Working Papers 62, ISAE - Institute for Studies and Economic Analyses - (Rome, ITALY). [Downloadable!]
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This page was last updated on 2009-11-22.

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