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Article
Publication date: 25 May 2021

Francesco Nemore, Rocco Caferra and Andrea Morone

Our main purpose is to test the unemployment invariance hypothesis in Italy.

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Abstract

Purpose

Our main purpose is to test the unemployment invariance hypothesis in Italy.

Design/methodology/approach

This paper provides an empirical investigation of the unemployment and labor force participation in Italy.

Findings

Cointegration analysis results strongly suggest a clear long-run relationship between unemployment and labor force participation revealing a persistent and general added worker effect.

Originality/value

Our results seem to confute the unemployment invariance hypothesis.

Details

International Journal of Manpower, vol. 42 no. 8
Type: Research Article
ISSN: 0143-7720

Keywords

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