The (little) reallocation potential of workers most hit by the Covid-19 crisis.

Autor/inn/en	Basso, Gaetano; Grompone, Adele; Modena, Francesca
Institution	Banca d'Italia
Titel	The (little) reallocation potential of workers most hit by the Covid-19 crisis. Gefälligkeitsübersetzung: Das (geringe) Reallokationspotenzial der von der Covid-19-Krise am stärksten betroffenen Arbeitnehmer.
Quelle	Rom (2021), 30 S. PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2) Link als defekt meldenVerfügbarkeit
Reihe	Questioni di economia e finanza (Occasional papers) / Banca d'Italia. 597
Sprache	deutsch
Dokumenttyp	online; Monographie
Schlagwörter	Pandemie; Beschäftigungseffekt; Tourismus; Arbeitskraft; Arbeitsloser; Arbeitsmarktchance; Berufliche Mobilität; Berufswechsel; Qualifikation; Gastronomie; Hotel- und Gaststättenberuf; Auswirkung; Sektorale Verteilung; Umverteilung; Italien
Abstract	"The accommodation and food services and entertainment and sport activities are the worst hit by the economic crisis that followed the COVID-19 pandemic. The possibility for these workers to find new jobs might be limited due to low competence and skill levels. We study the employment transitions of these workers before the COVID-19 crisis in Italy and find that, in the medium run, workers employed in accommodation and food service activities were as likely to be employed as those in other non-financial private services were. Entertainment sector employees instead had a higher probability of being non-employed compared with other non-financial private services; if they found a job, these workers moved more frequently to other sectors and occupations. To get insights into the potential for reallocation during the pandemic and post-pandemic periods, we perform a simple counterfactual exercise based on the similarity in skill demand: the evidence indicates there is little reallocation potential for these hard-hit workers, especially if service demand remains depressed for a long time." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2021/3