Istituzioni e mercato del lavoro nel Mezzogiorno d'Italia: un'analisi dinamica

Margherita Scarlato () and Marisa Cenci
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Marisa Cenci: University of Roma Tre

GE, Growth, Math methods from EconWPA

Abstract: In this paper a stochastic model is used to analyse the matching process between skills demand and supply in a segmented labor market. We find the steady state solution of the dynamic system and we address the issue of the necessary conditions for the existence of a steady state and for the emergence of a “good” outcome i.e. an equilibrium towards the high level steady state. In a second step we discuss the sensitivity of the endogenous dynamics to parameters changes due to policy/institutional reforms. Last within this framework we discuss labor market frictions in the Mezzogiorno of Italy [JEL Code: D81, D83, J42].

Keywords: stochastic model; segmented labor market (search for similar items in EconPapers)
JEL-codes: D81 D83 J42 (search for similar items in EconPapers)
Date: 2004-02-11
Note: Type of Document - pdf; prepared on Win98; to print on hp laserjet 1300; pages: 39. 39 pages, pdf
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpge:0402002

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