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Young-in Old-out: a new evaluation

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  • Michela Bia
  • Pierre-Jean Messe
  • Roberto Leombruni

Abstract

In this paper we examine the consequences of a decrease in exits of older workers on youth employment, allowing for job-to-job áows. We distinguish between young workers with no experience and experienced workers and we consider jobs with di§erent experience requirements. Using a theoretical matching model with heterogeneous jobs and workers, we point out that a fall in the exit rate of older workers increases job-to-job áows, which makes Örms more reluctant to open jobs for young workers. Then, we provide some empirical evidence for the Italian case.
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Suggested Citation

  • Michela Bia & Pierre-Jean Messe & Roberto Leombruni, 2010. "Young-in Old-out: a new evaluation," TEPP Working Paper 2010-14, TEPP.
    • Handle: RePEc:tep:teppwp:wp10-14
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    References listed on IDEAS

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