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Politicians at work. The private returns and social costs of political connections

Cingano, Federico; Pinotti, Paolo - Banca d'Italia - 2009

, and it is not related to improvements in firm productivity. The connection premium is positive for upstream producers for … of corruption. These findings suggest that the gains in market power derive from public demand shifts towards politically …

Persistent link: https://www.econbiz.de/10005029281

Fiscal Consolidations Under Fixed Exchange Rates.

Caselli, P. - Banca d'Italia - 1998

We present the "fixed exchange rate" version of the Obstfeld and Rogoff model analyze the international transmission of fiscal policy shocks. It is shown that the welfare effects of an unanticipated contraction in government expenditure in the home country crucially depend on the way in which...

Persistent link: https://www.econbiz.de/10005640913

The Distribution of Personal Income in Post-War Italy: Source Description, Date Quality, and the Time Pattern of Income Inequality.

Brandolini, A. - Banca d'Italia - 1999

survey carried out by Istituto Doxa in 1947-48; the sample survey of household income and wealth conducted by the Bank of … Italy since the late 1960s; the expenditure survey, and the European Community Household Panel conducted by the Italian …

Persistent link: https://www.econbiz.de/10005640920

Fiscal Consolidations under Fixed Exchange Rates

Casell, Paola - Banca d'Italia - 1998

We present the “fixed exchange rate” version of the Obstfeld and Rogoff model and analyze the international transmission of fiscal policy shocks. It is shown that the welfare effects of an unanticipated contraction in government expenditure in the home country crucially depend on the way in...

Persistent link: https://www.econbiz.de/10005113642