Labour Mobility and Wage Dynamics in Italy

edited by Bruno Contini, Rosenberg & Sellier Publishing

This book adds analysis and quantitative insight to the debate on labour market flexibility in Italy, and on the economic and social costs that such flexibility imposes. Contrary to conventional wisdom, mobility in the Italian labour market is found to be high, both in absolute terms and compared to other country members of the EU. This result is surprising in view of the degree of regulation that characterizes the Italian labour market. The linkage between workers’ mobility and the earnings structure is explored in detail, suggesting that the latter is characterised by stickiness and excessive pre-determination of the career ladder and wage seniority. The high flexibility implicit in the level of job and worker turnover may therefore be also a consequence of the rigidity of the earnings structure._x000d_ _x000d_ “Analyses of labour and earnings mobility derive from statistical and micro-econometric explorations of a unique employer-employee longitudinal database developed from Social Security (INPS) sources by the LABORatorio R. Revelli, Centre for Employment Studies._x000d_ The LABORatorio intends to make the panel available to scholars and institutions for the purpose of replicating and widening analyses. Inquiries should be addressed to”_x000d_ _x000d_ index