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

Author

Listed:
  • Marisa Cenci

    (Università di “Roma Tre”, Roma)

  • Margherita Scarlato

    (Università “Federico II”, Napoli)

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.

Suggested Citation

  • Marisa Cenci & Margherita Scarlato, 2002. "Istituzioni e mercato del lavoro nel Mezzogiorno d’Italia: un’analisi dinamica," Rivista di Politica Economica, SIPI Spa, vol. 92(3), pages 281-320, May-June.
    • Handle: RePEc:rpo:ripoec:v:92:y:2002:i:3:p:281-320
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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, Wiley Blackwell, vol. 42(3), pages 351-375, September.

    More about this item

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • J42 - Labor and Demographic Economics - - Particular Labor Markets - - - Monopsony; Segmented Labor Markets

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