COMPETITIVE MARKETS WITH ENDOGENOUS HEALTH RISKS

We study an economy where agents' productivity and labor endowment depend on their health status, and indivisible occupational choices affect individual health distributions. We show that Pareto efficiency requires cross‐transfers across occupations. Moreover, workers with relatively less safe jobs must get positive transfers whenever labor supply is not very reactive to wages, a condition in line with the findings of a large empirical literature. In these instances, compensating wage differentials equalizing the utilities of ex‐ante identical workers in different jobs undermine ex‐ante efficiency. Moreover, competitive equilibria where only assets with deterministic payoffs are traded are not first‐best. Finally, we show that simple transfer schemes, implemented through linear subsidies to health insurance, enhance efficiency.     

Integrating strategic planning and performance management in universities: a multiple case-study analysis

Journal of Management and Governance - Over time, public universities have been involved in a process of modernisation based on a new concept of governance and managerial methods for increasing...     

Determinants of Foreign Workers’ Wages in Two Italian Regions with High Illegal Immigration

Since the end of the 1970s Italy has moved from being an out-migration country to being a foreign immigration country, but very few studies have addressed the factors determining the wages of immigrant workers, owing to the lack of available data. In this paper we analyse the determinants of the wages of immigrants in some areas of Latium and Campania, where the share of illegal immigration is relatively high, using the results of a set of sample surveys which collected information on several aspects of the immigration process in the years 1993–94. The purpose of the article is to shed some light on the factors underlying wage distribution among the immigrants using an estimation method that controls for sample selection problems. According to the empirical results, income differences seem to be relatively high among immigrants. Differences in labour market integration among sexes and area of origin clearly emerge from the results. Moreover, legal status plays an important role in the explanation of the wage gap between documented and undocumented immigrants, also because of the different occupational sector structure in the two groups.     

Measuring residential segregation in multi-ethnic and unequal European cities

Immigration flows and social inequalities reflect increased social and multi-ethnic segregation in contemporary urban Europe. For a better understanding of these processes, the present study investigates the main strengths of the multi-group residential indices, testing sensitivity and reliability under different metropolitan contexts in five European countries. These indices focus on different research dimensions and approach multi-group residential segregation conceptually and mathematically in a different way. A multivariate exploratory data analysis was adopted to classify the observed segregation patterns into a few homogeneous types and to delineate the multivariate relationship between the indices. The results of principal component analysis demonstrate that the indices assessing uniformity and disproportionality of the social groups analysed (H and D) contribute largely to the diversification in today's multi-ethnic communities, clarifying the importance of the dimension of evenness. Our results highlight how segregation is more evident in economically disadvantaged metropolitan regions with high levels of social vulnerability.     

The heterogeneous effects of COVID-19 on labor market flows: evidence from administrative data

The Journal of Economic Inequality - We investigate the short-term effects of COVID-19 on labor market flows and how they are mediated by labor market policy. Using Italian administrative data on a...