We extend the benchmark model of Aghion and Blanchard (1994) assuming two segments of the emerging private sector that differ in workers’ productivity. We look at the paths of employment, wages, taxes, labor costs and profits during and after the transition, up until the shock is fully...

The current Italian income support policies are defective with respect to both efficiency and equity. A more effective design must face five crucial choices: universal vs. categorical policies; transfers vs. subsidies; unconditional vs. means-tested policies; coverage; flat vs. progressive tax...

Liste di mobilità (LM) is an Italian labour market programme targeted to dismissed workers. There is a "passive" component granting monetary benefits to employees dismissed by firms larger than 15 employees, and an "active" component providing an employment subsidy to any firm hiring workers...

Liste di mobilità (LM) is an Italian labour market programme targeted to dismissed workers. It combines a 'passive' component granting monetary benefits to employees dismissed by firms larger than 15 employees, and an 'active' component providing an employment subsidy to any firm hiring workers...

We use a microeconometric model of household labour supply in order to evaluate, with Italian data, the behavioural and welfare effects of gender based taxation (GBT) as compared to other policies based on different optimal taxation principles. The comparison is interesting because GBT, although...

Das Hamburger Modell zur Beschäftigungsförderung zielt darauf ab, Arbeitslose mit geringen Verdienstmöglichkeiten und schlechten Arbeitsmarktchancen durch zeitlich befristete Zuschüsse, die sowohl den Teilnehmern an der Maßnahme als auch den Arbeitgebern gewährt werden, in den regulären...