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A Continuous Time Mover-Stayer Model for Labor Market in a Northern Italian Area

2012; Springer Nature; Linguagem: Inglês

10.1007/978-3-642-28894-4_22

2198-3321

Fabrizio Cipollini, Camilla Ferretti, Piero Ganugi, Mario Mezzanzanica,

Labor market dynamics and wage inequality

A new and powerful source of information concerning the Italian Labor Market is represented by C.OBB datasets, which record the kind of job contract (with its successive modifications) of all the workers in many Italian Provinces. By means of this information and focusing on the Province of Cremona, we analyze the mobility of employees among different kinds of job contracts (and unemployment also): in particular, from contracts characterized by modest packages of securities toward more structured working relations, ending with Unlimited Time Duration Contracts. The statistical tool used for this analysis is Continuous Time Mover-Stayer Model. Our analysis reveals low mobility from Limited Time Duration to Unlimited Time Duration contracts.