OECD, France, and IZA, Germany
IZA World of Labor role
Author
Current position
Director for Employment, Labour and Social Affairs at the Organisation for Economic Co-operation and Development, Paris, France
Research interest
Comparative economic systems, the analysis of labor market policies and institutions, the role of regulations and institutions for productivity growth, creative destruction, job reallocation
Website
Positions/functions as a policy advisor
Member of the Expert Group sur la revalorisation annuelle légale du salaire minimum interprofessionnel de croissance (SMIC) in France; Member of the Scientific Committee of the Mission Travail et Emploi, Direction de l’animation de la recherche, des études et des statistiques (DARES), Ministère de l'Économie, de l’Industrie et de l’Emploi, France
Past positions
Professor at the PhD Course on “Applied Macroeconomics” of the Institute for Advanced Studies (IMT), Lucca (2009–2012); IBM Chair at the Master in Economics of the University of Milan, with a course on labor economics (November, 2012)
Qualifications
PhD Economics, Département et Laboratoire d’Economie Théorique Appliquée (DELTA) of the Ecole des Hautes Etudes in Science Sociales, 1997
Selected publications
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“Cross country differences in job reallocation: The role of industry, firm size and regulations.” Labour Economics 26 (January 2014) (with J. Haltiwanger and H. Schweiger).
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“Cross-country differences in productivity: The role of allocation and selection.” American Economic Review 103:1 (2013) (with E. Bartelsman and J. Haltiwanger).
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“Employment effects of product and labour market reforms: Are there synergies?” Economic Journal 122:558 (2012) (with G. Fiori, G. Nicoletti, and F. Schiantarelli).
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“Credit constraints as a barrier to the entry and post-entry growth of firms: Lessons from firm-level cross country panel data.” Economic Policy 52 (2007) (with P. Aghion and T. Fally).
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“Regulation, productivity and growth: OECD evidence.” Economic Policy 36 (April 2003) (with G. Nicoletti).
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Employment protection
Policymakers need to find the right balance between protecting workers and promoting efficient resource allocation and productivity growth
Stefano Scarpetta, May 2014Laws on hiring and firing are intended to protect workers from unfair behavior by employers, to counter imperfections in financial markets that limit workers’ ability to insure themselves against job loss, and to preserve firm-specific human capital. But by imposing costs on firms’ adaptation to changes in demand and technology, employment protection legislation may reduce not only job destruction but also job creation, hindering the efficient allocation of labor and productivity growth.MoreLess