Job Tenure and Labour Market Regulation: A Comparison of Britain and Italy using Micro Data
AbstractGiven a general belief that jobs last longer in tightly regulated labour markets, the presumption would be that jobs last longer in Italy than they do in Britain. We use two large micro datasets to address this issue. Surprisingly, we find a higher proportion of male workers in Britain than in Italy are in jobs that have lasted at least five years. This result holds conditioning on individual control variables. We find the opposite result for women, but there are reasons for treating this with some scepticism. This result suggests a complex relationship between labour market institutions and the reallocation of labour.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1712.
Date of creation: Oct 1997
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Find related papers by JEL classification:
- J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
- J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
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- J. Michael Orszag & Dennis J. Shower, 2000. "The Effectiveness of Employment Vouchers: A Simple Approach," German Economic Review, Verein für Socialpolitik, vol. 1(4), pages 385-419, November.
- Carlos García-Serrano & Juan F. Jimeno, . "Labour reallocation and labour market institutions: Evidence from Spain," Working Papers 98-07, FEDEA.
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