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
Hauptverfasser: Nemore, Francesco, Caferra, Rocco, Morone, Andrea
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.
ISSN:0143-7720
1758-6577
DOI:10.1108/IJM-07-2020-0343