Vol. 36 No. 2 (2024)
Articles

The impact of short-term exogenous shocks on local labour markets: An em- pirical exercise for Italy (2006-2021)

Clio Ciaschini
Department of Social and Economic Sciences, Polytechnic University of Marche, Piazzale Martelli 8, I-60121 Ancona, Italy
Luca Salvati
Department of Methods and Models for Economics, Territory and Finance, Faculty of Economics, Sapienza University of Rome, Via del Castro Laurenziano 9, I-00161 Rome, Italy

Published 2024-12-24

Keywords

  • Unemployment rate,
  • Territorial disparities,
  • Economic downturns,
  • Southern Europe

How to Cite

Ciaschini, C., & Salvati, L. (2024). The impact of short-term exogenous shocks on local labour markets: An em- pirical exercise for Italy (2006-2021). Italian Journal of Applied Statistics, 36(2), 185–207. https://doi.org/10.26398/IJAS.277

Abstract

In this paper, we investigate the spatial regime and the short-term changes following both activity and unemployment rates. These rates are taken as proxies of the functioning of 610 local job markets in Italy as reflected in the homogeneous districts delineated by Italian National Statistical Institute and called ‘Sistemi Locali del Lavoro’. The time horizon spans over a relatively long time period (2006-2021) encompassing the long economic crisis (2007-2013), a period of economic stagnation or moderate recovery (2014-2019) and the Covid-19 time (2020-2021). Based on a purely exploratory approach, the empirical analysis has identified the socioeconomic factors more effectively characterizing the job market dynamics.