In this paper we propose a new macro-micro econometric framework which incorporates both aggregate labour demand and supply, and the labour market flows which determine the steady-state unemployment rate. Thus, we can simulate either demand or supply shocks and therefore assess their impacts on...

The papers published in this issue of the Rivista Internazionale di Scienze Sociali have been selected from those contributions presented at the workshop on ‘‘Employment opportunities and unemployment over the economic downturn’’ held on 18th May 2012 at the Universita` Cattolica del...

Purpose – The purpose of this paper is to shed light on transitions from the state of unemployment to that of employment and of inactivity in Italy and Spain. Design/methodology/approach – First, the paper investigates the determinants of unemployment outflows in these two Mediterranean...