Unemployment and labor force participation in Italy
PurposeOur main purpose is to test the unemployment invariance hypothesis in Italy.Design/methodology/approachThis paper provides an empirical investigation of the unemployment and labor force participation in Italy.FindingsCointegration analysis results strongly suggest a clear long-run relationshi...
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Veröffentlicht in: | International journal of manpower 2021-10, Vol.42 (8), p.1440-1449 |
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Hauptverfasser: | , , |
Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | PurposeOur main purpose is to test the unemployment invariance hypothesis in Italy.Design/methodology/approachThis paper provides an empirical investigation of the unemployment and labor force participation in Italy.FindingsCointegration analysis results strongly suggest a clear long-run relationship between unemployment and labor force participation revealing a persistent and general added worker effect.Originality/valueOur results seem to confute the unemployment invariance hypothesis. |
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ISSN: | 0143-7720 1758-6577 |
DOI: | 10.1108/IJM-07-2020-0343 |