Nicola Cassandro, Marco Centra, Dario Guarascio, Piero Esposito
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What drives employment–unemployment transitions? Evidence from Italian task-based data
Relying on a unique longitudinal integrated database supplying micro-level information on labor market transitions (concerning the 2011–2017 period) and occupation task characteristics (e.g. routine-task intensity), this paper provides fresh evidence of the determinants of unemployment risk in Italy. We find that workers employed in routine-intensive occupations (measured with the RTI proposed by Acemoglu and Autor in Handb Labor Econ 4B:1043–1171, 2011) display—on average—higher unemployment risks than the rest of the workforce. This result is driven by workers employed in occupations entailing a large proportion of routine cognitive tasks and it is concentrated in high and medium–low skill occupations. In addition, the distribution of unemployment risk and its relation with routine-task intensity varies significantly across sectors—with higher risk in manufacturing and construction—confirming the importance of industry-level economic, technological and institutional heterogeneities. Finally, by exploring the gender dimension, we find that that being in a routine-intensive occupation increases unemployment risk for male workers only.
期刊介绍:
This journal publishes peer-reviewed articles that link theory and analysis in political economy, promoting a deeper understanding of economic realities and more effective courses of policy action. Established in 1984, the journal has kept pace with the times in disseminating high-quality and influential research aimed at establishing fruitful links between theories, approaches and institutions. With this relaunch (which combines Springer’s worldwide scientific scope with the Italian cultural roots of il Mulino and Fondazione Edison, whose research has been published by the two mentioned publishers for many years), the journal further reinforces its position in the European and international economic debate and scientific community. Furthermore, this move increases its pluralistic attention to the role that – at the micro, sectoral, and macro level – institutions and innovation play in the unfolding of economic change at different stages of development.