Empirical evidence suggests that networks of personal relations are important in the micro dynamics of labor markets: even in modern capitalistic economies a high share of jobs are filled by social referrals. This paper aims at shedding light on an apparent puzzle concerning the relationship...

A growing body of research has contributed to understanding the labor market and political effects of globalization. This paper explores an overlooked aspect of trade-induced adjustments in the labor market: the institutional aspect. We take advantage of the two-tier collective bargaining...

This article explores the impact of innovation, offshoring and demand on profits and wage dynamics. The growing relevance of functional distribution in terms of explaining personal distribution underscores the importance of our results for understanding recent increases in inequality. The...

This paper studies the impact of size on labor cost and productivity for Italian manufacturing firms. The distributions of both labor cost and productivity display a wide support, even when disaggregated by sector of industrial activity. Further, both labor cost and productivity, when considered...

This paper analyses medium-term labour market trends from 1983 to 2018 in Italy relying on the "Rilevazione dei contratti di lavoro" from INPS archive which provides information on average salaries by professional category, age, gender, and geographical origin. Within an overall pattern of...

The purpose of this paper is to investigate the mechanisms underlying the relationship between automation and labor market polarization. To do so, we build an agent-based model (ABM) in which workers, heterogeneous in nature and level of skills, interact endogenously on a decentralized labor...

This paper shows yearly estimates of income inequality in Italy from 1900 to 1950. By constructing dynamic social tables, we comprehensively assess inequality across all components of Italian society. In a context of declining inequality across Europe, interwar Italy reveals a singular...

In the centennial of the March on Rome, this paper contributes to the political economy of Italian Fascism by addressing in quantitative terms the fortunes of Italian economic elites during the interwar period. Macro-economic indicators indicate capital accumulation and high profits, in a period...

In this paper, we aim to address a major gap in the economic history of interwar Italy, by discussing the evolution of women's incomes and employment during this crucial period of Italian and European history. After examining the available statistical evidence, we build on recently reconstructed...

We use data on Austrian firms and employees to estimate the effects of employer-provided training on productivity, wages, and the inequality of wages within firms. While the average amount spent on employer-provided training is low in general, we find a robust positive elasticity of training on...