One of the most significant changes in the labour market in the twentieth century was the rise of the internal labour market. Its origins can be found in the nineteenth century, particularly in the large service companies such as banks and the railway companies. By studying the internal labour...

•Since 2000 Italy’s GDP growth has been below the Euro-area average, and total factor productivity growth has been very weak, and at times, negative (OECD, 2005)•The labour market is highly regulated and inflexible.•Italy has experienced high levels of immigration in recent years,...