Structural differences across macroregions: an empirical investigation
Laura Barbieri () and
Chiara Mussida ()
Empirica, 2018, vol. 45, issue 2, No 1, 215-246
Abstract Using a macro–micro econometric framework that allows studying the labour market dynamics, this paper offers an in-depth investigation of the structures of both national and macro regional labour markets in Italy. The simulation results reveal structural differences between regions in the short as well as the long run. Regional gaps represent one of the main components of the natural unemployment rate in Italy. The results may help regional and national policy makers in the European Union to formulate strategies tailored to the specific needs of regional labour markets.
Keywords: Regional econometric models; Simulation; Labour market flows; Steady-state unemployment rate (search for similar items in EconPapers)
JEL-codes: E1 E17 R2 R23 (search for similar items in EconPapers)
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