Abstract:
This study aims to evaluate the impact of both economic incentive in hiring young workers in open-ended jobs caused by social security costs rebates (Law 190/2014, art. 1, c. 118) and the reduced firing cost of open-ended employees (Legislative Decree 23/2015 under Law 183/2014). After the description of the institutional context in which such actions have been introduced, the report provides a literature-based overview concerning the policies under scrutiny. Specific sections provide the description of the administrative data sources and the sample characteristics, and the explanation of the empirical strategy outlined. Final sections are dedicated to exhibit the results of the counterfactual evaluation conducted, to draw conclusions and to provide recommendations based on the study findings.