This study is a preliminary exploration on the extent of labor market segmentation (LMS) in Europe and the United States, based on data of earnings mobility prepared for the OECD in the late Nineties. Assessing segmentation is important for a balanced view on the pros-and-cons of labor market...

In this paper we question the hypothesis of full rationality in the context of job changing behaviour, via simple econometric explorations on microdata drawn from WHIP (Worker Histories Italian Panel). A rational outcome of the job matching process implies a positive tradeoff between future...

While a vast literature has analysed the wage and employment effects of active labor market programs (ALMPs), a welfare analysis of such programs is seldom implemented (Kluve and Schmidt, 2002). In an attempt to measure the welfare effect of a wage subsidy on youth labor, this paper performs a...