Still With us After all of These Years: Trends in Youth Labour Market Entry, Home-Leaving And Human Capital Accumulation in Italy 1993-2003
AbstractIn this paper I examine a number of issues related to the Italian youth labour market and, in particular, youth labour market entry, over the last decade or so. The Italian youth labour market has a number of characteristics, present to a degree in other countries, but which by by their pronounced character mark it apart from other European Countries. The analysis presented here is essentially motivated by concern with two of these: a) the very high youth unemployment rate, and, above-all high ratio of youth to adult unemployment rates; and, b) the strong and increasing tendency for youngish Italians to remain in the parental home. The paper takes a broad approach to the analysis of these questions looking first at time trends in labour market entry, human capital accumulation, home leaving and family formation on the basis of information contained in the Italian Labour Force Survey using also the Bank of ItalyÃÂ¢ÃÂÃÂs Survey on Household Income and Wealth. The analysis also employs a broad definition of young people which is extended to include young people up to 34 years old rather than the conventional definition using only 15-24 year olds. Reduced form panel estimates of the determinants of the behavioural variables are derived. The approach adopted is close in spirit and methodology to the work undertaken by Card & Lemieux (2000) in the North American context, OÃÂ¢ÃÂÃÂHiggins (2003) on global trends and OÃÂ¢ÃÂÃÂHiggins (2005) in the Italian context. It is complementary to the recent studies of home leaving and labour market entry in the Italy which tend to concentrate on single specific determinants of, for example, home-leaving such as in Becker at al. (2004) on the impact of job uncertainty or Mannacorda & Moretti (2004) on the impact of parental income. The analysis identifies a substantial impact of labour market conditions in shaping young peopleÃÂ¢ÃÂÃÂs choices. The results also highlight the importance of distinguishing the effects of these aggregates by age and throw some light on the interrelationship between the phenomena under study. It may be seen as a first step in a broader research programme aimed at identifying the central factors driving young peopleÃÂ¢ÃÂÃÂs transition choices in recent years
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by CELPE (Centre of Labour Economics and Economic Policy), University of Salerno, Italy in its series CELPE Discussion Papers with number 99.
Length: 39 pages
Date of creation: 30 Mar 2006
Date of revision:
youth employment; human capital; home-leaving;
Find related papers by JEL classification:
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Niall O'Higgins, 2003.
"Trends in the youth labour market in developing and transition countries,"
Social Protection Discussion Papers
27876, The World Bank.
- Niall O'Higgins, 2005. "Trends in the Youth Labour Market in Developing and Transition Countries," Labor and Demography 0507002, EconWPA.
- Andrea Brandolini, 1999.
"The Distribution of Personal Income in Post-War Italy: Source Description, Data Quality, and the Time Pattern of Income Inequality,"
Giornale degli Economisti,
GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 58(2), pages 183-239, September.
- Brandolini, A., 1999. "The Distribution of Personal Income in Post-War Italy: Source Description, Date Quality, and the Time Pattern of Income Inequality," Papers 350, Banca Italia - Servizio di Studi.
- Andrea Brandolini, 1999. "The Distribution of Personal Income in Post-War Italy: Source Description, Data Quality, and the Time Pattern of Income Inequality," Temi di discussione (Economic working papers) 350, Bank of Italy, Economic Research and International Relations Area.
- Andrea Brandolini & Piero Cipollone & Eliana Viviano, 2006.
"Does The Ilo Definition Capture All Unemployment?,"
Journal of the European Economic Association,
MIT Press, vol. 4(1), pages 153-179, 03.
- Jimeno, Juan F. & Rodriguez-Palenzuela, Diego, 2002.
"Youth unemployment in the OECD: demographic shifts, labour market institutions, and macroeconomic shocks,"
Working Paper Series
0155, European Central Bank.
- Juan F. Jimeno & Diego Rodríguez-Palenzuela, 2003. "Youth Unemployment in the OECD: Demographic Shifts, Labour Market Institutions and Macroeconomic Shocks," Economics Working Papers 019, European Network of Economic Policy Research Institutes.
- Juan F. Jimeno & Diego Rodríguez-Palenzuela, . "Youth unemployment in the OECD: Demographic shifts, labour market institutions, and macroeconomic shocks," Working Papers 2002-15, FEDEA.
- Sascha O. Becker & Samuel Bentolila & Ana Fernandes & Andrea Ichino, 2004.
"Job Insecurity and Children's Emancipation,"
CESifo Working Paper Series
1144, CESifo Group Munich.
- Sascha O. Becker & Samuel Bentolila & Ana Fernandes & Andrea Ichino, 2004. "Job Insecurity And Children'S Emancipation," Working Papers wp2004_04, CEMFI.
- Becker, Sascha O. & Bentolila, Samuel & Fernandes, Ana & Ichino, Andrea, 2004. "Job Insecurity and Children’s Emancipation," IZA Discussion Papers 1046, Institute for the Study of Labor (IZA).
- Claudia Biancotti & Giovanni D'Alessio & Andrea Neri, 2004. "Errori di misura nellÂ’indagine sui bilanci delle famiglie italiane," Temi di discussione (Economic working papers) 520, Bank of Italy, Economic Research and International Relations Area.
- Daniela Del Boca & Silvia Pasqua & Chiara Pronzato, 2004. "Employment and Fertility Decisions in Italy, France and the U.K," CHILD Working Papers wp08_04, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Anna D'Acunzo).
If references are entirely missing, you can add them using this form.