This paper offers a theoretical and empirical analysis of child labor, schooling, and `idleness' (neither work nor school), with particular emphasis on the roles of child ability and credit constraints in determining these decisions. We show theoretically that `idleness' may be chosen optimally...

Agenda Monti is the electoral programme of the Italian Prime Minister Mario Monti for the next national election, due in 2013 spring. In this paper we discuss a specific issue of this Agenda: Performance Related Pay. We argue that the concept of flexible wage through firm level bargaining is a...

We discuss the main content of the first national labour contract signed by trade unions and employers associations after the national agreement on productivity signed in Italy in November 2012. It is clear the effect of that agreement: trade unions, with the exception of the largest...

Even tough child labor is a wide spread phenomena in Bolivia, little is known about its main determinants. By using a bivariate probit model in order to take into account the joint nature of the decisions between labor and schooling, this paper investigates which are the key factors that...

Recent evidence based on longitudinal firm-level data suggests that within-firm productivity growth explains about 50 percent of total factor productivity growth in the manufacturing sector while net entry effects account for about 30 percent of total factor productivity growth. These two forces...