Unemployment and labor force participation in Italy
Purpose: Our main purpose is to test the unemployment invariance hypothesis in Italy. Design/methodology/approach: This paper provides an empirical investigation of the unemployment and labor force participation in Italy. Findings: Cointegration analysis results strongly suggest a clear long-run relationship between unemployment and labor force participation revealing a persistent and general added worker effect. Originality/value: Our results seem to confute the unemployment invariance hypothesis.
Year of publication: |
2021
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Authors: | Nemore, Francesco ; Caferra, Rocco ; Morone, Andrea |
Published in: |
International Journal of Manpower. - Emerald, ISSN 0143-7720, ZDB-ID 2032092-9. - Vol. 42.2021, 8 (25.05.), p. 1440-1449
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Publisher: |
Emerald |
Saved in:
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