A Continuous Time Mover-Stayer Model forLabor Market in a Northern Italian Area

A new and powerful source of information concerning the Italian Labor Market is represented by C.OBB data that register the characteristics of all new employments. By means of this information and focusing on the Province of Cremona, we analyze the mobility of employees among different kinds of job contracts (and unemployment also): in particular, from contracts characterized by modest packages of securities toward more structured working relations, ending with Unlimited Time Duration Contracts. The statistical tool used for this analysis is Mover Stayer Model in Continuous Time. Our analysis reveals low mobility from Limited Time Duration to Unlimited Time Duration contracts.