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


  • Margherita Scarlato

    (Federico II University of Naples)

  • Marisa Cenci

    (University of Roma Tre)


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 [JEL Code: D81, D83, J42].

Suggested Citation

  • Margherita Scarlato & Marisa Cenci, 2004. "Istituzioni e mercato del lavoro nel Mezzogiorno d'Italia: un'analisi dinamica," GE, Growth, Math methods 0402002, EconWPA.
  • Handle: RePEc:wpa:wuwpge:0402002
    Note: Type of Document - pdf; prepared on Win98; to print on hp laserjet 1300; pages: 39. 39 pages, pdf

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    References listed on IDEAS

    1. Christopher A. Pissarides & Barbara Petrongolo, 2001. "Looking into the Black Box: A Survey of the Matching Function," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 390-431, June.
    2. Olivier Jean Blanchard & Peter Diamond, 1994. "Ranking, Unemployment Duration, and Wages," Review of Economic Studies, Oxford University Press, vol. 61(3), pages 417-434.
    3. Acemoglu, Daron & Pischke, Jorn-Steffen, 2000. "Certification of training and training outcomes," European Economic Review, Elsevier, vol. 44(4-6), pages 917-927, May.
    4. Karp, Larry & Lee, In Ho, 2001. "Learning-by-Doing and the Choice of Technology: The Role of Patience," Journal of Economic Theory, Elsevier, vol. 100(1), pages 73-92, September.
    5. Jean Gabszewicz & Alessandro Turrini & Jean-Claude Berthlemy, 1999. "Workers' Skills and Product Selection," Revue Économique, Programme National Persée, vol. 50(3), pages 383-391.
    6. Ricardo Lagos, 2000. "An Alternative Approach to Search Frictions," Journal of Political Economy, University of Chicago Press, vol. 108(5), pages 851-873, October.
    7. Andrea Lavezzi, 2001. "Segmentazione del mercato del lavoro ed acquisizione di capitale umano: un'applicazione delle catene di Markov," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2001(73).
    8. Dmitriy Stolyarov & Boyan Jovanovic, 2000. "Optimal Adoption of Complementary Technologies," American Economic Review, American Economic Association, vol. 90(1), pages 15-29, March.
    9. Sandro Trento & Massimo Warglien, 2001. "Nuove tecnologie e cambiamenti organizzativi: alcune implicazioni per le imprese italiane," Temi di discussione (Economic working papers) 428, Bank of Italy, Economic Research and International Relations Area.
    10. David H. Autor, 2001. "Wiring the Labor Market," Journal of Economic Perspectives, American Economic Association, vol. 15(1), pages 25-40, Winter.
    11. Bruno Contini, 2000. "Job Changes and Wage Dynamics," LABORatorio R. Revelli Working Papers Series 5, LABORatorio R. Revelli, Centre for Employment Studies.
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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


    stochastic model; segmented labor market;

    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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