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In this paper we investigate the changes in the Italian economy over the last two decades. Stylized facts show a marked decrease in the unemployment rate starting from the end of the Nineties, and, at the same time, a significant increase in the firms' market power. Moreover, notwithstanding the...
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In 2012, a labour market reform in Italy known as the Fornero Law substantially reduced firing restrictions for open …
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than 15 employees in Italy. The results from a difference in regression discontinuities design that compares firms below …
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