Worker reallocation in Italy and Spain after the COVID-19 pandemic

Angel Luis Gómez and Salvatore Lattanzio

Latin American Journal of Central Banking (previously Monetaria), 2024, vol. 5, issue 1

Abstract: We provide evidence on the evolution of worker reallocation in Italy and Spain during the pandemic. In both countries, job-to-job transition rates fell in 2020 but improved in 2021 in aggregate. We then focus on cross-sectoral mobility following job separation. In Italy, we find a modest increase in sectoral reallocation in 2020, reaching 4 percentage points at the end of 2021—around 11 percent of the pre-pandemic average reallocation rate. In contrast, there are no statistically significant differences in the reallocation probability with respect to the pre-pandemic average in Spain.

Keywords: COVID-19; Sectoral employment; Worker reallocation; Job-to-job transitions (search for similar items in EconPapers)
JEL-codes: E24 J63 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:lajcba:v:5:y:2024:i:1:s2666143823000261

DOI: 10.1016/j.latcb.2023.100105

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