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Wage mobility in the Italian labour market - Comparing search, matching and training models

Author

Listed:
  • Giovanni Sulis

    (Dipartimento di Economia, Sapienza University of Rome Italy)

Abstract

This paper studies the sources of wage growth and the process of turnover for a sample of Italian workers employed in the private sector. Different theories based on the job-speci¯c skill investment are tested and discussed. Results indicate a very large proportion of wage cuts upon moving to a new job and lack of duration dependence in reservation wages. As a consequence, mobility patterns and wage dynamics can hardly be explained by a single model; each model is instead only able alone to capture some stylised facts. On the contrary, heterogeneity in mobility rates seems to play an important role.

Suggested Citation

  • Giovanni Sulis, 2004. "Wage mobility in the Italian labour market - Comparing search, matching and training models," Working Papers - Dipartimento di Economia 2-DEISFOL, Dipartimento di Economia, Sapienza University of Rome, revised 2004.
    • Handle: RePEc:des:wpaper:8
    as

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    File URL: http://dipartimento.dse.uniroma1.it/DSEISFOL/papers/022004.pdf
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    References listed on IDEAS

    as
    1. Abowd, John M. & Kramarz, Francis, 1999. "The analysis of labor markets using matched employer-employee data," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 40, pages 2629-2710, Elsevier.
    2. O. Ashenfelter & D. Card (ed.), 1999. "Handbook of Labor Economics," Handbook of Labor Economics, Elsevier, edition 1, volume 3, number 3.
    3. Agar Brugiavini, 1998. "An Empirical Analysis of Interfirm Mobility in Italy," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 57(1), pages 1-34, April.
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    More about this item

    Keywords

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    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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