Abstract
| Lingua originale | English |
|---|---|
| pagine (da-a) | 38-55 |
| Numero di pagine | 18 |
| Rivista | Bulletin of Economic Research |
| Volume | 64 |
| Stato di pubblicazione | Published - 2013 |
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All Science Journal Classification (ASJC) codes
- Economics and Econometrics
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Reassessing segmentation in the Labour Market:an application for Italy 1995-2004. / Battisti, Michele.
In: Bulletin of Economic Research, Vol. 64, 2013, pag. 38-55.Risultato della ricerca: Article
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TY - JOUR
T1 - Reassessing segmentation in the Labour Market:an application for Italy 1995-2004.
AU - Battisti, Michele
PY - 2013
Y1 - 2013
N2 - The aim of this paper is to test for the presence of dualism in a standard wage regression.The disparity in wages between primary and secondary workers, according to labour marketsegmentation theory, is not provided by workers characteristics, but rather by job characteristics.A standard way to assess this situation is by looking at the estimated coefficients in a standardregression for comparable workers across different labour market segments. In an attempt to avoid arbitrary modeling choices, we deploy mixture regression methods which allow for endogenous determination of the number of existing labour market segments. Using Italian data,our modeling strategy outlines stark differences in returns to human capital between homogeneous workers in different markets. Thus, future policies should consider these findings when implementing labour market measures.
AB - The aim of this paper is to test for the presence of dualism in a standard wage regression.The disparity in wages between primary and secondary workers, according to labour marketsegmentation theory, is not provided by workers characteristics, but rather by job characteristics.A standard way to assess this situation is by looking at the estimated coefficients in a standardregression for comparable workers across different labour market segments. In an attempt to avoid arbitrary modeling choices, we deploy mixture regression methods which allow for endogenous determination of the number of existing labour market segments. Using Italian data,our modeling strategy outlines stark differences in returns to human capital between homogeneous workers in different markets. Thus, future policies should consider these findings when implementing labour market measures.
KW - Human capital
KW - dual labour markets
KW - mixture regressions
UR - http://hdl.handle.net/10447/66039
M3 - Article
VL - 64
SP - 38
EP - 55
JO - Bulletin of Economic Research
JF - Bulletin of Economic Research
SN - 0307-3378
ER -