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Labor market reform and rent-sharing : a quasi-experiment experience
Poggi, Ambra (Università degli Studi di Milano-Bicocca)
Nicolini, Rosella (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada)

Fecha: 2015
Resumen: We analyze the impact on wages of the adoption of a rent-sharing remuneration scheme aiming at making labor institutions more flexible. We are working with 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 s-convergence process of the rent-sharing elasticity across the sectors at a different rate. Finally, we deliver a reasoned discussion of the consequences at large of the implementation of this reform in the Italian job market.
Derechos: Tots els drets reservats
Lengua: Anglès.
Documento: article ; recerca ; acceptedVersion
Materia: Rent-sharing ; Convergence ; IV estimation
Publicado en: Applied Economic Perspectives and Policy, Vol. 38, Num. 4 (2016) , p. 618-631, ISSN 2040-5790

DOI: 10.1093/aepp/ppv026

26 p, 1.1 MB

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