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We investigate various stylized facts on wage growth, labor mobility and firm size, to date unexplored in Italy. Using a wage decomposition that allows to separate individual premiums from firm-effects, we ascertain: (1) whether movers are better off than stayers; (2) whether firm size affects...
Persistent link: https://www.econbiz.de/10010268068
"We investigate various stylized facts on wage growth, labor mobility and firm size, to date unexplored in Italy. Using a wage decomposition that allows to separate "individual premiums" from firm-effects, we ascertain: (1) whether movers are better off than stayers; (2) whether firm size...
Persistent link: https://www.econbiz.de/10003451833
Persistent link: https://www.econbiz.de/10003686181
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We propose a novel methodology to uncover the sorting pattern in the labor market. Our methodology exploits the additional information contained in profits, which complements the information from wages and transitions typically used in previous work. We identify the strength of sorting solely...
Persistent link: https://www.econbiz.de/10011347151
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Some recent literature about the U.S. shows that wage dynamics are more influenced by job-to-job flows than by flows into or out of employment. In this paper, we evaluate whether this result holds also for France and Italy, characterized by a different structure of the labor market. Using...
Persistent link: https://www.econbiz.de/10012840774
Aggregate wages display little cyclicality compared with what a standard model would predict. Wage rigidities are an obvious candidate, but a recent strand of the literature has emphasized the need to take into account the growing importance of worker composition effects during downturns. With...
Persistent link: https://www.econbiz.de/10012980041
In this paper the link between labour market flexibility and innovation is analysed paying particular attention to the different technological regimes of economic activities and the different geographical areas of the Italian economy. A dynamic panel data specification is used to assess the...
Persistent link: https://www.econbiz.de/10012707599