Documents Valentini, Enzo 2 results

"This paper analyses both theoretically and empirically the effects of immigration on the wage rate of native workers. There is rare evidence in empirical literature that immigration generates a fall in the wages of manual workers. By hypothesizing an economic system where advanced firms buy an intermediate good from traditional firms, which employ manual workers in both clean and dirty tasks, the latter being more disliked by native workers, we present a theoretical model that justifies these results. We conclude that native skilled wages always increase whereas native unskilled wages can both increase or decrease with immigration. An empirical analysis of the Italian labour market follows, showing that native workers' wages always rise with immigration."

"This paper is aimed at providing empirical evidence about the structural change and the effect of the robotisation process that are affecting the economies of the so-called "Visegrád countries", a group of former Eastern Bloc countries that have recently experienced a remarkable economic growth. The study is based on descriptive statistics that are theoretically based on the structural change approach and on the extended crisis theory. Data are drawn from the OECD STructural ANalysis database (STAN) and from the International Federation of Robotics (IFR) database. Preliminary results suggest that the Visegrád countries are following a virtuous growth path based on hi-tech manufacturing and knowledge intensive services (KIS) that benefits from the proximity with Germany. At the same time, this relationship could represent a limit in the short run, since Germany has recently entered a stagnation phase. A further potential limit could arise from the specialisation of most Visegrád countries in the automotive sector, which is one of the economic sectors whose workforce is more exposed to risk of substitution with machines. The article concludes by suggesting that the current transition phase should be supported by targeted public policies, considering the positive externalities they could provide."