Purpose: The purpose of this paper is to evaluate the impact of more stringent Employment Protection Legislation on employment outflows and wages of women compared to those of men. Design/methodology/approach: The authors exploit the Italian labor market reform of 1990 that raised firing costs...

Purpose – The purpose of this paper is to investigate educational mismatch and its interrelationships with unemployment duration. Design/methodology/approach – The authors study unemployment histories of Italian workers using dependent competing risk models. The authors evaluate the impact...

The paper analyses the characteristics of the supply of higher education in different geographical macroareas using a strategic interaction framework. It focuses on universities operating in centralised funding system that autonomously set the quality of education showing that in equilibrium it...

State- and Wealth-dependence of individual risk preferences are investigated using Italian panel data. To elicit risk aversion, a social security policy reform occurred in Italy in 2008 is exploited. This law asks private sector employees to invest their accruing severance pay in three...

This paper provides a comprehensive analysis of the effect of early school entry on educational outcomes using standardized test score data on Italian pupils. The empirical procedure is designed to disentangle the effect of regular entry (Gift of Time) from possible unobserved confounding...

This paper analyzes the process driving graduate workers in undergraduate jobs. Micro and macro perspectives are considered so that the interrelationships between individual mismatch and over-education at the aggregate level are analyzed. The theoretical model highlights that individual mismatch...

This study aims at investigating whether wage of workers entering positions entitled to employment protection may be affected by the introduction of a two-tier labor market regime. By using repeated cross-sections microdata, we apply difference-in-differences estimators - also combined with...

This paper studies educational choices in a signaling setting in the presence of heterogeneous working ability imperfectly correlated with schooling costs. We show that even if individuals can use education to signal their ability, pooling equilibria may arise. These equilibria may be...

The paper analyzes the characteristics of the supply of higher education in different geographical macroareas using a strategic interaction framework. We investigate the issue of educational quality differentials in a centralized funding system. In the presence of moving costs and asymmetric...