Labour market reforms in Italy: evaluating the effects of the Jobs Act, di Valeria Cirillo, Marta Fana, Dario Guarascio, Economia Politica, 2017
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).
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