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Determinants of joblessness during the economic crisis: the impact of criminality in the Italian labour market

Silvia Fedeli, Vito Mariella and Marco Onofri

No 176, Working Papers from University of Rome La Sapienza, Department of Public Economics

Abstract: On the basis of a newly built regional panel data set that considers, not only the evolution of employment in the Italian regions, but also indicators of counterfeiting activities and criminality, we empirically explore the link between employment performance and criminality during the period of a deep economic and financial crisis. We consider both unemployment and inactivity rates in order to check whether and to what extent, in a period of widely recognized economic crisis, criminal activities of counterfeit and other forms of crime have affected the labour market. We present results of GMM regressions showing a positive/peculiar effect of criminal activities on both the components of joblessness.

Keywords: Inactivity rate; unemployment rate; criminality counterfeit; joblessness (search for similar items in EconPapers)
JEL-codes: E24 J6 (search for similar items in EconPapers)
Pages: 32
New Economics Papers: this item is included in nep-eur, nep-lab, nep-mac and nep-ure
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