Complementarities between Labour Market Institutions and their Causal Impact on Youth Labour Market Outcomes
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Organización Internacional del Trabajo (OIT)
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| Formato: | Artículo científico |
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International Labour Organization
2020
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| _version_ | 1874525036608487432 |
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| author | Niall O’Higgins Giovanni Pica |
| author_facet | Niall O’Higgins Giovanni Pica Niall O’Higgins Giovanni Pica |
| contents | Complementarities between Labour Market Institutions and their Causal Impact on Youth Labour Market Outcomes Niall O’Higgins Giovanni Pica 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. 10.1515/bejeap-2018-0165 DOI https://doi.org/10.1515/bejeap-2018-0165 publication.journalArticle |
| format | Artículo científico |
| id | ilo_995325152202676 |
| institution | Organización Internacional del Trabajo (OIT) |
| publishDate | 2020 |
| publisher | International Labour Organization |
| spellingShingle | Complementarities between Labour Market Institutions and their Causal Impact on Youth Labour Market Outcomes Niall O’Higgins Giovanni Pica Complementarities between Labour Market Institutions and their Causal Impact on Youth Labour Market Outcomes Niall O’Higgins Giovanni Pica 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. 10.1515/bejeap-2018-0165 DOI https://doi.org/10.1515/bejeap-2018-0165 publication.journalArticle |
| title | Complementarities between Labour Market Institutions and their Causal Impact on Youth Labour Market Outcomes |
| url | https://researchrepository.ilo.org/esploro/outputs/journalArticle/Complementarities-between-Labour-Market-Institutions-and/995325152202676 |