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Istituzioni e mercato del lavoro nel Mezzogiorno d'Italia: un'analisi dinamica

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Author Info

  • Margherita Scarlato

    (Federico II University of Naples)

  • Marisa Cenci

    (University of Roma Tre)

Abstract

In this paper a stochastic model is used to analyse the matching process between skills demand and supply in a segmented labor market. We find the steady state solution of the dynamic system and we address the issue of the necessary conditions for the existence of a steady state and for the emergence of a “good” outcome i.e. an equilibrium towards the high level steady state. In a second step we discuss the sensitivity of the endogenous dynamics to parameters changes due to policy/institutional reforms. Last within this framework we discuss labor market frictions in the Mezzogiorno of Italy [JEL Code: D81, D83, J42].

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File URL: http://128.118.178.162/eps/ge/papers/0402/0402002.pdf
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Bibliographic Info

Paper provided by EconWPA in its series GE, Growth, Math methods with number 0402002.

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Length: 39 pages
Date of creation: 11 Feb 2004
Date of revision:
Handle: RePEc:wpa:wuwpge:0402002

Note: Type of Document - pdf; prepared on Win98; to print on hp laserjet 1300; pages: 39. 39 pages, pdf
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Web page: http://128.118.178.162

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Keywords: stochastic model; segmented labor market;

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References

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  1. Karp, Larry & Lee, In Ho, 2001. "Learning-by-Doing and the Choice of Technology: The Role of Patience," Journal of Economic Theory, Elsevier, vol. 100(1), pages 73-92, September.
  2. Daron Acemoglu & Joern-Steffen Pischke, 1999. "Certification of Training and Training Outcomes," Working papers 99-28, Massachusetts Institute of Technology (MIT), Department of Economics.
  3. Christopher A. Pissarides & Barbara Petrongolo, 2001. "Looking into the Black Box: A Survey of the Matching Function," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 390-431, June.
  4. Andrea Lavezzi, 2001. "Segmentazione del mercato del lavoro ed acquisizione di capitale umano: un'applicazione delle catene di Markov," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2001(73).
  5. Sandro Trento & Massimo Warglien, 2001. "Nuove tecnologie e cambiamenti organizzativi: alcune implicazioni per le imprese italiane," Temi di discussione (Economic working papers) 428, Bank of Italy, Economic Research and International Relations Area.
  6. David Autor, 2000. "Wiring the Labor Market," NBER Working Papers 7959, National Bureau of Economic Research, Inc.
  7. Olivier Jean Blanchard & Peter Diamond, 1990. "Ranking, Unemployment Duration, and Wages," NBER Working Papers 3387, National Bureau of Economic Research, Inc.
  8. GABSZEWICZ, Jean & TURRINI, Alessandro, . "Workers'skills and product selection," CORE Discussion Papers RP -1394, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  9. Ricardo Lagos, 2000. "An Alternative Approach to Search Frictions," Journal of Political Economy, University of Chicago Press, vol. 108(5), pages 851-873, October.
  10. Bruno Contini, 2000. "Job Changes and Wage Dynamics," LABORatorio R. Revelli Working Papers Series 5, LABORatorio R. Revelli, Centre for Employment Studies.
  11. Dmitriy Stolyarov & Boyan Jovanovic, 2000. "Optimal Adoption of Complementary Technologies," American Economic Review, American Economic Association, vol. 90(1), pages 15-29, March.
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Cited by:
  1. Fabrizio Erbetta & Carmelo Petraglia, 2011. "Drivers of Regional Efficiency Differentials in Italy: Technical Inefficiency or Allocative Distortions?," Growth and Change, Gatton College of Business and Economics, University of Kentucky, vol. 42(3), pages 351-375, 09.

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