Young-in Old-out: a new evaluation

Michella Bia, Pierre-Jean Messe and Roberto Leombruni
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Michella Bia: CEPS/INSTEAD - Centre d'Etudes de Populations, de Pauvreté et de Politiques Socio-Economiques / International Networks for Studies in Technology, Environment, Alternatives, Development - Centre d'Etudes de Populations, de Pauvreté et de Politiques Socio-Economiques / International Networks for Studies in Technology, Environment, Alternatives, Development
Roberto Leombruni: Cognetti de Martiis - Laboratorio Revelli - UNITO - Università degli studi di Torino = University of Turin

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Abstract: In this paper we examine the consequences of a decrease in exits of older workers on youth employment, allowing for job-to-job áows. We distinguish between young workers with no experience and experienced workers and we consider jobs with di§erent experience requirements. Using a theoretical matching model with heterogeneous jobs and workers, we point out that a fall in the exit rate of older workers increases job-to-job áows, which makes Örms more reluctant to open jobs for young workers. Then, we provide some empirical evidence for the Italian case.

Keywords: exit age; youth employment; propensity score; matching model; on-the-job search (search for similar items in EconPapers)
Date: 2010-06
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00812056
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Citations: View citations in EconPapers (1)

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