An offer you can't refuse: wage rigidities in the Northern Italian labour market
Treball fi de màster de: Master's Degree in Economics and Finance. Economics Programme. Curs 2023-2024
| Autores: | , , , , |
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| Tipo de recurso: | tesis de maestría |
| Fecha de publicación: | 2024 |
| País: | España |
| Institución: | Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
| Repositorio: | Recercat. Dipósit de la Recerca de Catalunya |
| OAI Identifier: | oai:recercat.cat:10230/68457 |
| Acceso en línea: | http://hdl.handle.net/10230/68457 |
| Access Level: | acceso abierto |
| Palabra clave: | Treball de fi de màster – Curs 2023-2024 Wage rigidities Bunching Search-and-matching theory Rigideses salarials Agrupació Teoria de cerca-i-coincidència |
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An offer you can't refuse: wage rigidities in the Northern Italian labour marketCappabianca, RafaelFisch, DanielHofflin, AbelMarti, NicolasRuffert, AnnaTreball de fi de màster – Curs 2023-2024Wage rigiditiesBunchingSearch-and-matching theoryRigideses salarialsAgrupacióTeoria de cerca-i-coincidènciaTreball fi de màster de: Master's Degree in Economics and Finance. Economics Programme. Curs 2023-2024Directors: Mishel Ghassibe i Rodrigo CarrilThis paper investigates real wage rigidity, particularly for the wages paid to new hires (NH) in the Veneto Worker History dataset from 1975 to 2001 in Italy. We offer novel estimates of NH wage rigidity at the job level, controlling for composition effects. Our findings reveal significant real wage rigidity among NH, especially along the bunching margin and for low-income workers, and provide evidence that continuing worker (CW) wages are instead more rigid along the employment margin. Additionally, NH wages exhibit weak cyclicality with unemployment. These insights are connected to a simple Diamond-Mortensen-Pissarides search-and-matching model, extended with rigidities.Aquest treball investiga la rigidesa salarial real, particularment dels nous contractats (NH) a la base de dades Veneto Worker History del 1975 al 2001 a Itàlia. Oferim noves estimacions de les rigideses salarials dels NH a nivell laboral, controlant efectes de composició. Descobrim rigideses salarials significatives per als NH, especialment als marges d'agrupament i per als treballadors de baixos ingressos, i evidenciem que els salaris dels treballadors continuats (CW) són més rígids al marge d'ocupació. Addicionalment, els salaris dels NH mostren ciclicitat dèbil amb l'atur. Connectem aquesta anàlisi al model Diamond-Mortensen-Pissarides de cerca-i-coincidència, ampliat amb rigideses.202420242024info:eu-repo/semantics/masterThesisapplication/pdfapplication/pdfhttp://hdl.handle.net/10230/68457reponame:Recercat. Dipósit de la Recerca de Catalunyainstname:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)InglésThis work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Licensehttps://creativecommons.org/licenses/by-nc-nd/4.0info:eu-repo/semantics/openAccessoai:recercat.cat:10230/684572026-05-29T05:05:01Z |
| dc.title.none.fl_str_mv |
An offer you can't refuse: wage rigidities in the Northern Italian labour market |
| title |
An offer you can't refuse: wage rigidities in the Northern Italian labour market |
| spellingShingle |
An offer you can't refuse: wage rigidities in the Northern Italian labour market Cappabianca, Rafael Treball de fi de màster – Curs 2023-2024 Wage rigidities Bunching Search-and-matching theory Rigideses salarials Agrupació Teoria de cerca-i-coincidència |
| title_short |
An offer you can't refuse: wage rigidities in the Northern Italian labour market |
| title_full |
An offer you can't refuse: wage rigidities in the Northern Italian labour market |
| title_fullStr |
An offer you can't refuse: wage rigidities in the Northern Italian labour market |
| title_full_unstemmed |
An offer you can't refuse: wage rigidities in the Northern Italian labour market |
| title_sort |
An offer you can't refuse: wage rigidities in the Northern Italian labour market |
| dc.creator.none.fl_str_mv |
Cappabianca, Rafael Fisch, Daniel Hofflin, Abel Marti, Nicolas Ruffert, Anna |
| author |
Cappabianca, Rafael |
| author_facet |
Cappabianca, Rafael Fisch, Daniel Hofflin, Abel Marti, Nicolas Ruffert, Anna |
| author_role |
author |
| author2 |
Fisch, Daniel Hofflin, Abel Marti, Nicolas Ruffert, Anna |
| author2_role |
author author author author |
| dc.subject.none.fl_str_mv |
Treball de fi de màster – Curs 2023-2024 Wage rigidities Bunching Search-and-matching theory Rigideses salarials Agrupació Teoria de cerca-i-coincidència |
| topic |
Treball de fi de màster – Curs 2023-2024 Wage rigidities Bunching Search-and-matching theory Rigideses salarials Agrupació Teoria de cerca-i-coincidència |
| description |
Treball fi de màster de: Master's Degree in Economics and Finance. Economics Programme. Curs 2023-2024 |
| publishDate |
2024 |
| dc.date.none.fl_str_mv |
2024 2024 2024 |
| dc.type.none.fl_str_mv |
info:eu-repo/semantics/masterThesis |
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masterThesis |
| dc.identifier.none.fl_str_mv |
http://hdl.handle.net/10230/68457 |
| url |
http://hdl.handle.net/10230/68457 |
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Inglés |
| language_invalid_str_mv |
Inglés |
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https://creativecommons.org/licenses/by-nc-nd/4.0 info:eu-repo/semantics/openAccess |
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https://creativecommons.org/licenses/by-nc-nd/4.0 |
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openAccess |
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application/pdf application/pdf |
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Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
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Recercat. Dipósit de la Recerca de Catalunya |
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Recercat. Dipósit de la Recerca de Catalunya |
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15,811543 |