L'indice OECD di rigidità nel mercato del lavoro: una nota
AbstractSummary: The paper analyses the method adopted by the index of employment protection systems developed in 1999 by the OECD, and discusses its reliability and shortcomings, in particular with regards to Italy. The paper highlights a series of methodological problems arising from the aggregation of the respective indicators, and casts doubt on the possibility of developing an aggregate index generated as sum of partial indexes. The paper identifies several errors and imprecision in the development of the index, in the light of an accurate reading of legal data. The greater inaccuracies regard the index of rigidity attributed to legal provisions applicable to "employment termination indemnities", "individual dismissal", "redundancy lay off" and "temporary redundancy benefits". Re-examination of legal data has led to a substantial downgrading of Italy's labour market rigidity index. Yet, the most significant finding is the extreme volatility of the index, according to diverse interpretations of the legal data. This observation is fraught with consequences regarding proper application of information provided by the rigidity index.
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Bibliographic InfoArticle provided by Società editrice il Mulino in its journal Politica economica.
Volume (Year): (2004)
Issue (Month): 3 ()
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- Tattara, Giuseppe & Valentini, Marco, 2008.
"Labour Market Segmentation, Flexibility and Precariousness in the Italian North East,"
10353, University Library of Munich, Germany.
- Giuseppe Tattara & Marco Valentini, 2012. "Labour Market Segmentation, Flexibility and Precariousness in the Italian North East," AIEL Series in Labour Economics, in: Tindara Addabbo & Giovanni Solinas (ed.), Non-Standard Employment and Quality of Work. The Case of Italy, edition 1, chapter 8, pages 149-172 AIEL - Associazione Italiana Economisti del Lavoro.
- Giuseppe Tattara & Marco Valentini, 2006. "Labour Market Segmentation, Flexibility and Precariousness in the Italian North East," Working Papers 2006_03_EV, Department of Economics, University of Venice "Ca' Foscari".
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"Does Employment Protection Legislation Affect Firm Investment? The European Case,"
0902, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2009.
- Calcagnini, Giorgio & Ferrando, Annalisa & Giombini, Germana, 2014. "Does employment protection legislation affect firm investment? The European case," Economic Modelling, Elsevier, vol. 36(C), pages 658-665.
- Rettore, Enrico & Paggiaro, Adriano & Trivellato, Ugo, 2008.
"The Effect of Extending the Duration of Eligibility in an Italian Labour Market Programme for Dismissed Workers,"
IZA Discussion Papers
3633, Institute for the Study of Labor (IZA).
- Adriano Paggiaro & Enrico Rettore & Ugo Trivellato, 2008. "The Effect of Extending the Duration of Eligibility in an Italian Labour Market Programme for Dismissed Workers," CESifo Working Paper Series 2340, CESifo Group Munich.
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