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The Italian Labour Market and the Crisis

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  • Tindara Addabbo

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  • Anna Maccagnan

    ()

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    Abstract

    The aim of this paper is to analyse the effects of the crisis on the Italian labour market. The Italian labour market is characterized by deep gender differences and regional variability. The data show that the crisis lead to an increase in the gap of female employment rates and women?s inactivity rates with respect to Europe. The North of Italy experienced a higher increase in unemployment than the South, where many people withdrew from the labour market because of poor employment prospects. Moreover, in Italy, the increase in unemployment has been mitigated by the increase in the number of workers having access to the wage supplementation fund who are not computed within the unemployed. However, the heterogeneity in the system of unemployment benefits increased inequalities amongst the unemployed. Using a micro simulation techniques, we estimate the effect of the crisis on income distribution and poverty and find that at the national level, the population showed a reduction in equivalised household income by about 1 percent. The limited impact on household?s equivalent income can be connected to the relatively high share of unemployed who are young with relatively low income and sustained by other members of the household

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    Bibliographic Info

    Paper provided by University of Modena and Reggio E., Faculty of Economics "Marco Biagi" in its series Department of Economics with number 0644.

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    Length: pages 22
    Date of creation: Feb 2011
    Date of revision:
    Handle: RePEc:mod:depeco:0644

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    Web page: http://www.dep.unimore.it/
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    Keywords: labour market; poverty; economic crisis;

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    1. Michele Bruni, 2011. "China’s New Demographic Challenge: From Unlimited Supply of Labour to Structural Lack of Labour Supply. Labour market and demographic scenarios: 2008-2048," Center for the Analysis of Public Policies (CAPP) 0082, Universita di Modena e Reggio Emilia, Dipartimento di Economia Politica.
    2. Marina Murat & Barbara Pistoresi, 2009. "Emigrant and immigrant networks in FDI," Applied Economics Letters, Taylor & Francis Journals, vol. 16(12), pages 1261-1264.
    3. Jerome De Henau & Daniele Meulders & Sile O'Dorchai, 2010. "Maybe Baby: Comparing Partnered Women's Employment and Child Policies in the EU-15," Feminist Economics, Taylor & Francis Journals, vol. 16(1), pages 43-77.
    4. Giuseppe Marotta, 1997. "Does trade credit redistribution thwart monetary policy? Evidence from Italy," Applied Economics, Taylor & Francis Journals, vol. 29(12), pages 1619-1629.
    5. Jérôme De Henau & Danièle Meulders & Sile Padraigin O'Dorchai, 2010. "Maybe baby: comparing mothers' employment and child policies in the EU-15," ULB Institutional Repository 2013/13478, ULB -- Universite Libre de Bruxelles.
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