Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that … discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment …, we investigate the relationship between worker's absences and local unemployment rate (at the provincial level).We find a …

and has been fuelled by Italy's poor economic performance. We intend to analyse its nature and derive policy implications … unemployment, its average duration exceeding 14 years. We present a micro-econometric exploration of the underlying process …

In the aftermath of the financial and economic crisis, large shares of working-age individuals in Italy either did not … key challenges across different policy areas and institutions. The most common employment obstacles in Italy were limited …

-retirement decision. Employing individual data from the European Community Household Panel for Germany, Italy, Spain, and the U.K., a …

and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal …

positivepredictions of the model change very little, but the welfare costs of unemployment are muchlarger because unemployment risk is … distributed unequally across workers. As a result,optimal unemployment insurance may be higher and welfare is lower if hiring is …

Differences in regional unemployment in post-communist economies are large andpersistent. We show that inherited … variation in human-capital endowment across the regionsof four such economies explains the bulk of regional unemployment …