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Una valutazione delle carriere dei giovani lavoratori atipici: la fedeltàaziendale premia?

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  • Canegallo, Claudia

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Abstract

This paper confronts Greenwald's model of adverse selection in the labour market, with Topel and Ward's model of job shopping. According to Greenwald's contribution, in a sequence of periods, workers' freedom to change jobs is seriously reduced by a process of adverse selection. The labour market is characterized by imperfect information, which does not allow new potential employers to evaluate workers characteristics before employment, whereas current employers are better informed about the characteristics of their employees, and will concentrate their efforts in preventing turnover from the best workers, letting the worse ones free to move to other jobs. The pool of changers is thus characterized by workers of inferior quality, compared to the pool of stayers. Topel and Ward, on the other hand, show how young workers at the beginning of their career frequently move from one job to the other, to improve their job matching. According to this theory, through a process of intense job shopping young workers have more chances to improve their working conditions. The aim of this paper is to verify which of these two theories best applies to the Italian labour market. In particular, we want to asses which of these theories best describes the career paths of young temporary workers. As our data suggests, Topel and Ward's model seems to apply to young temporary workers, whereas Greenwald's model better describes the career paths of permanent workers.

Suggested Citation

  • Canegallo, Claudia, 2001. "Una valutazione delle carriere dei giovani lavoratori atipici: la fedeltàaziendale premia?," POLIS Working Papers 20, Institute of Public Policy and Public Choice - POLIS.
  • Handle: RePEc:uca:ucapdv:20
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    File URL: http://polis.unipmn.it/pubbl/RePEc/uca/ucapdv/canegallo2.pdf
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    References listed on IDEAS

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    1. Montrucchio, Luigi & Privileggi, Fabio, 2001. "On Fragility of Bubbles in Equilibrium Asset Pricing Models of Lucas-Type," Journal of Economic Theory, Elsevier, vol. 101(1), pages 158-188, November.
    2. Becker, Gary S, 1981. "Altruism in the Family and Selfishness in the Market Place," Economica, London School of Economics and Political Science, vol. 48(189), pages 1-15, February.
    3. Andreoni, James, 1995. "Cooperation in Public-Goods Experiments: Kindness or Confusion?," American Economic Review, American Economic Association, vol. 85(4), pages 891-904, September.
    4. Zanola, Roberto, 2000. "Public goods versus publicly provided private goods in a two-class economy," POLIS Working Papers 12, Institute of Public Policy and Public Choice - POLIS.
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    Cited by:

    1. Guerrazzi, Marco, 2014. "Workforce ageing and the training propensity of Italian firms: cross-sectional evidence from the INDACO survey," MPRA Paper 56826, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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