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Rigidita nel mercato del lavoro, disoccupazione e crescita


  • Fabiano Schivardi

    () (Bank of Italy)


This paper offers a critical survey of the literature on labor market rigidities, developing a simple and unifying analytical framework. The main conclusion that emerges is that firing restrictions do not seem to exert strong direct effects on the unemployment level, while they are important for determining its dynamics, the duration of the unemployment spells and the overall efficiency of the economy. These indirect effects might play a prominent role for the unemployment level and for the general performance of the economy. In addition to considering indirect effects, we extend the concept of flexibility beyond the notion of firing restrictions. In particular, we illustrate the role of firing restrictions in determining the evolution of wages and the composition of the unemployment pool; the effects of a common wage for regions with different productivity levels and an immobile labor force; the influence on capital accumulation and growth of the inefficient labor allocation induced by firing restriction. These aspects might be more important to understand the performance of the European labor markets over the last thirty years than firing restrictions themselves.

Suggested Citation

  • Fabiano Schivardi, 2000. "Rigidita nel mercato del lavoro, disoccupazione e crescita," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 59(1), pages 117-143, April.
  • Handle: RePEc:gde:journl:gde_v59_n1_p117-143

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    Cited by:

    1. Roberto Torrini & Fabiano Schivardi, 2004. "Threshold effects and firm size: The case of firing costs," 2004 Meeting Papers 445, Society for Economic Dynamics.
    2. D'Acunto Salvatore, 2003. "Efficienza microeconomica versus efficienza "sistemica"? Note in margine al Libro Bianco del Ministero del Lavoro," Stato e mercato, Società editrice il Mulino, issue 2, pages 287-312.
    3. Fabiano Schivardi & Roberto Torrini, 2004. "Firm size distribution and employment protection legislation in Italy," Temi di discussione (Economic working papers) 504, Bank of Italy, Economic Research and International Relations Area.
    4. Fabiano Schivardi & Roberto Torrini, 2003. "Firm Size Distribution and EPL in Italy," William Davidson Institute Working Papers Series 2003-613, William Davidson Institute at the University of Michigan.

    More about this item


    unemployment; labor market rigidities; firing costs;

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings


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