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Underground economy: Irregular employment in Italy from 1980 to 2009

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  • Simona Monteleone

Abstract

The paper analyzes the units of full-time employment (ULA) as estimated by ISTAT National Accounts. The cyclical analysis can highlight the role that irregular employment (dependent and independent) play on the dynamics of the Italian economy, emphasizing the relationship of substitution between irregular and regular sector. The irregular (both dependent and independent) are not true leading of the cycle, but when the GDP grows, they move earlier, while the regular are slower to adapt. These findings provide important implications in terms of policy on the complex phenomenon of undeclared work.

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Bibliographic Info

Paper provided by D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy in its series Discussion Papers with number 8_2010.

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Date of creation: 22 Dec 2010
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Handle: RePEc:prt:dpaper:8_2010

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Keywords: irregular employment; business cycle; shadow economy.;

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  1. Bruno Chiarini & Elisabetta Marzano, 2004. "Dimensione E Dinamica Dell'Economia Sommersa: Un Approfondimento Del Currency Demand Approach," Working Papers 4_2004, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
  2. Dominik H. Enste & Friedrich Schneider, 2000. "Shadow Economies: Size, Causes, and Consequences," Journal of Economic Literature, American Economic Association, vol. 38(1), pages 77-114, March.
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