Complementarities between Labour Market Institutions and their Causal Impact on Youth Labour Market Outcomes

Abstract: We analyse theoretically and empirically the effects on young people’s labour market outcomes of two specific labour market institutions and their interaction: employment protection legislation and active labour market policy. The paper examines recent policy reforms in Italy focussing on the impact of the 2012 Fornero reforms of employment protection legislation as well as the initial impact of the EU-wide Youth Guarantee scheme introduced in Italy in March 2014. The paper then examines how these two policy reforms interacted. The analysis first confirms the finding that the Fornero reform increased permanent hires particularly amongst the very youngest workers; it then goes on to find that the YG was indeed successful in increasing the hires of young people, although this operated through a statistically significant increase in female hires on temporary contracts. Third, it finds some evidence of a dampening effect of the YG on EPL reforms as predicted by theory.

Standort
Deutsche Nationalbibliothek Frankfurt am Main
Umfang
Online-Ressource
Sprache
Englisch

Erschienen in
Complementarities between Labour Market Institutions and their Causal Impact on Youth Labour Market Outcomes ; volume:20 ; number:3 ; year:2020 ; extent:37
The B.E. journal of economic analysis & policy ; 20, Heft 3 (2020) (gesamt 37)

Urheber

DOI
10.1515/bejeap-2018-0165
URN
urn:nbn:de:101:1-2408251702065.581635583419
Rechteinformation
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Letzte Aktualisierung
15.08.2025, 07:37 MESZ

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