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Labour Mobility in Italy: An Empirical Investigation
Author(s) -
Baussola Maurizio
Publication year - 1988
Publication title -
labour
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.403
H-Index - 34
eISSN - 1467-9914
pISSN - 1121-7081
DOI - 10.1111/j.1467-9914.1988.tb00142.x
Subject(s) - unemployment , economics , variable (mathematics) , estimation , wage , aggregate (composite) , labour economics , econometrics , macroeconomics , mathematical analysis , materials science , mathematics , management , composite material
In this paper the author presents a model of unemployment inflows and outflows for the Italian labour market. The flows that the author attempts to estimate are the unemployment inflows and outflows from and to employment. The aggregate estimation suggests that a crucial role is played by the aggregate demand and wage variables, and by the structural change variable. The paper also presents intersectoral estimations of SURE, which take into consideration the flows between Industry and Services. The results are along the lines of those obtained at the aggregate level. An important factor which should be underlined, however, is the asymmetric pattern of the wage variable in the industrial and services sector.