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

Marisa Cenci () and Margherita Scarlato
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Marisa Cenci: Università di “Roma Tre”, Roma

Rivista di Politica Economica, 2002, vol. 92, issue 3, 281-320

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-codes: D81 D83 J42 (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (2)

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