Labor market reform and rent-sharing : a quasi-experiment experience
| Autor: | Ambra Poggi, Rosella Nicolini |
|---|---|
| Přispěvatelé: | Poggi, A, Nicolini, R |
| Rok vydání: | 2021 |
| Předmět: |
Economics and Econometrics
Labour economics 050208 finance convergence media_common.quotation_subject 05 social sciences Sample (statistics) Convergence (economics) Development Insider IV estimation Work (electrical) 0502 economics and business Economics Remuneration Quality (business) Market reform 050207 economics Rent-sharing Convergence Quasi-experiment media_common |
| Zdroj: | Recercat: Dipósit de la Recerca de Catalunya Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) Recercat. Dipósit de la Recerca de Catalunya instname Dipòsit Digital de Documents de la UAB Universitat Autònoma de Barcelona |
| Popis: | We analyze the impact on wages of the adoption of a rent-sharing remuneration scheme aimed at making labor institutions more flexible. We work within a quasi-experimental setting referring to a sample of Italian companies before and after the introduction of the Treu Reform (1997). Our estimations confirm that this reform not only increased insider workers' wages via rent-sharing, but also fueled a σ−convergence process of the rent-sharing elasticity across the sectors at a different rate. Finally, we deliver a reasoned discussion of the consequences of implementing this reform on the Italian job market. This reform produced advances in the quality of job remuneration but it deepened a structural gap in the Italian labor market composition. |
| Databáze: | OpenAIRE |
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