Regional unemployment in Italy: Sources and cures

Maurizio Luigi Baussola, Riccardo Fiorito

Research output: Contribution to journalArticle

8 Citations (Scopus)

Abstract

A regional model of Italy is presented to analyze unemployment responses to supply and demand shocks in the market for labor and goods. Both supply and demand components of unemployment are endogenous. Employment has low elasticity to output in Southern Italy where labor force increases more because of demographic and participation rate changes. This also makes it difficult to close the gap between this region and the most developed areas of the country. © 1994.
Original languageEnglish
Pages (from-to)497-527
Number of pages31
JournalJournal of Policy Modeling
Volume16
DOIs
Publication statusPublished - 1994

Keywords

  • Regional unemployment
  • policy simulation

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