Jiménez-Rodríguez, Rebeca; Russo, Giuseppe - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 54 (2008) 3, pp. 217-227
A well-established result in the theoretical literature on labour market flexibility is that the employment should be more volatile in “flexible” labour markets. Over the last 35 years, Italy gives a good example of a transition from an over-regulated labour market into a quite more flexible...