This paper analyses the Beveridge Curve across nine OECD countries from 1985 to 2012. Besides allowing for some customary labour-market institutions, we assess the role of various kinds of structural factors (technological progress, globalisation, oil prices) and of the current recession on the...

In this paper, controlling for several macroeconomic factors, we test the hypothesis that central bank independence is closely correlated with the level of social consensus and cooperation on income distribution. Using data from a panel of OECD countries over period 1972-2002, we find evidence...

The use of stochastic frontier models to perform the empirical analysis of efficiency and productivity has recently become very widespread, developing into a very large literature. Within this literature, the development of the body of techniques known as model validation has remained somehow...

This study examines the effect of various forms of investment expenditure (gross fixed capital formation, R&D and European Structural and Investment Funds) on employment across NUTS2 European regions from 2000 to 2016. We find that the effect of R&D is heavily conditional upon regional...

A matching theory approach is used to assess the impact on the Italian labour market of the 1997 Treu Act (legge Treu), which considerably eased the regulation of temporary work and favoured its growth in Italy. We re-parameterize the matching function as a Beveridge Curve and estimate it as a...

This paper employs recently developed non stationary panel methodologies that assume some cross-section dependence to estimate the production function for Italian regions in the industrial sector over the period 1970-1998. The analysis consists in three steps. First, unit root tests for...

This paper focuses on the impact of EU structural funds (SFs) on the GDP per capita of 183 European NUTS2 regions from 1990 to 2016. To allow for the endogeneity of funds allocation to regions, we estimate a bivariate structural panel VAR model, controlling for unobserved heterogeneity through a...

The book provides an up-to-date analytical and empirical treatment of some important interactions between paid and unpaid labour and the social economy. The emphasis on the motivations for paid and unpaid labour, and on how these factors contribute to efficiently providing social services, gives...

Building on Layard and Jackman's framework, we propose a simple model to analyse the relation between labour productivity and unemployment regional differentials in Italy and present some panel data evidence to support the theoretical predictions of the model. The empirical analysis strongly...

Despite the centrality of the issue of labour market flexibility, attempts to consistently measure levels of flexibility, either within or across countries, have been remarkably scarce. This chapter makes a contribution towards filling this gap by presenting a complete set of labour market...