We describe the evolution of the relative earnings of young male workers and the evolution of the age-earnings profiles across cohorts in the last three decades. We draw on administrative records to document a significant deterioration of entry wages over the 1990s in the presence of basically...

Using different data sources from local labour markets (LLMs) in Italy between 1971 and 2011, we document a number of stylized facts: a) local differences in the ratios of private employment to population are highly persistent; b) the population has a limited reaction to labour demand shocks,...

The Bank of Italy quarterly econometric model (BIQM) is a large-scale ‘semi structural' macro-econometric model. It tries to strike the right balance between theoretical rigour and statistical fit to the data. This paper provides an update of the features and the properties of the model,...

We test whether natives correctly assess the effects of immigration on their own labour market opportunities. We relate self-reported job loss and job finding probabilities to the presence of foreign-born residents in a native's neighborhood. We interpret coefficient estimates through the lens...

The paper estimates the local effects of urban regeneration policies by using evidence from interventions that took place in small and medium-sized cities in the Centre and North of Italy over the period 2008-12. By using an Oaxaca-Blinder reweighting estimator, we find little support for the...