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Economia Politica

, Volume 34, Issue 2, pp 211–232 | Cite as

Labour market reforms in Italy: evaluating the effects of the Jobs Act

  • Valeria CirilloEmail author
  • Marta Fana
  • Dario Guarascio
Article

Abstract

This article analyses the “Jobs Act”—the last structural reform implemented in Italy—framing it within the labour market reform process starting in 1997. Taking advantage of different data sources (administrative and labour force data), the investigation provides the following results. First, monetary incentives seem to play a key role in explaining the dynamics of new (or transformed) contracts. Second, new open-ended contracts are mostly driven by transformation. Third, a relevant share of new open-ended positions is characterized by part-time contracts. Fourth, the increase in employment is concentrated among older workforce (over 50 years old). Finally, new permanent jobs increase in low-skilled and low-tech service sectors, while the opposite occurs in manufacturing (particularly in high-tech industries).

Keywords

Labour market reforms Employment Italian economy Job creation 

JEL Classification

J5 J21 J23 J3 

Notes

Acknowledgements

This paper is produced as part of ISIGrowth project on Innovation-fuelled, Sustainable, Inclusive Growth that has received funding from the European UnionGs Horizon 2020 research and innovation programme under Grant Agreement No. 649186—ISIGrowth. The authors wish to thank Giovanni Dosi, Mario Pianta, Maria Enrica Virgillito and Matteo Sostero for their comments and suggestions. All the usual disclaimers apply.

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Copyright information

© Springer International Publishing Switzerland 2017

Authors and Affiliations

  1. 1.Institute of EconomicsScuola Superiore Sant’AnnaPisaItaly
  2. 2.Institut d’Etudes Politiques de ParisParisFrance

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