Empirica

, Volume 45, Issue 2, pp 215–246 | Cite as

Structural differences across macroregions: an empirical investigation

Original Paper
First Online:
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Abstract

Using a macro–micro econometric framework that allows studying the labour market dynamics, this paper offers an in-depth investigation of the structures of both national and macro regional labour markets in Italy. The simulation results reveal structural differences between regions in the short as well as the long run. Regional gaps represent one of the main components of the natural unemployment rate in Italy. The results may help regional and national policy makers in the European Union to formulate strategies tailored to the specific needs of regional labour markets.

Keywords

Regional econometric models Simulation Labour market flows Steady-state unemployment rate 

JEL Classification

E1 E17 R2 R23 
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Copyright information

© Springer Science+Business Media New York 2016

Authors and Affiliations

  1. 1.Department of Economic and Social SciencesUniversità Cattolica del Sacro CuorePiacenzaItaly

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