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Book Cover
Author Prasad, Eswar, author

Title The Italian labor market : stylized facts, institutions, and directions for reform / prepared by Eswar S. Prasad and Francesca Utili

Published [Washington, D.C.] : International Monetary Fund, Research Department, 1998
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Description 1 online resource (49 pages)
monochrome rdacc
Series IMF working paper ; WP/98/42
IMF working paper ; WP/98/42
Summary As Italy prepares for European Monetary Union, the potential role of domestic short-term stabilization policies in responding to exogenous shocks has declined. This has brought to the forefront of policy discussions those structural features that could influence the ability of the economy to adjust to such shocks. As in other EU countries, the efficient and flexible functioning of the labor market is of particular importance in this regard and could become a crucial determinant of the economy's long-term growth prospects. This paper provides a descriptive analysis of the main features of the Italian labor market, including certain key institutional features. Empirical aspects of the labor market are then characterized using a variety of econometric techniques and by examining data at different levels of disaggregation. This analysis sets the stage for an evaluation of recent reforms aimed at improving the functioning of the labor market and points to directions for further changes
Bibliography Includes bibliographical references (pages 47-49)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Labor market -- Italy.
Manpower policy -- Italy.
Unemployment -- Italy.
Wages -- Italy.
Form Electronic book
ISBN 1283563797