It is well-known in the literature that income per capita is strongly correlated with the level of democracy across countries. In an influential paper, Acemoglu et al. (2008) find that this linear correlation disappears once they control for country-specific effects focusing on within-country...

This paper analyzes the impact of downward wage rigidity on the labor market. It shows that imposing downward wage rigidity in a matching model with cyclical fluctuations in productivity, endogenous match-destruction, and on-the-job search, quits are procyclical and layoffs countercyclical. It...

In standard equilibrium search models with strategic wage bargaining and on-the-job search, renegotiation is permitted without requirement of a credible threat. Workers trigger renegotiation whenever they have a new outside option that could raise their wages. In this note I modify the model to...

La ricerca si basa sulle risposte a un questionario articolato date da 226 direttori del personale, che rappresentano imprese per un totale di circa 300.000 occupati in diversi settori, con una prevalenza del manifatturiero. L’indagine fornisce risposte ai seguenti interrogativi: (1) Qual è...

This report is one of the outputs resulting from Workpackage 4, "Social and professional integration" of the WALQING project, SSH-CT-2009-244597 (www.walqing.eu).

This report is one of the outputs resulting from Workpackage 5, "Stakeholder policies and problem assessment" of the WALQING project, SSH-CT-2009-244597 (www.walqing.eu).

We use twenty years of Italian administrative panel data, a uniquely rich source of information on internal migration experiences, to identify the role of unobserved worker characteristics in the selection and returns to migrants. We propose and implement a novel iterative estimation method for...