Showing 1 - 7 of 7
What role was played by the incomes policy launched in 1992-93? Part of a new “culture of stability” or factor distorting the adjustment process? This paper makes an initial evaluation of the effects of the reform of the wage-bargaining system on the link between wages and prices, on the...
Persistent link: https://www.econbiz.de/10005113624
This paper summarizes the results attained by the Eurosystem in harmonizing the statistics used for the conduct of monetary policy. Since the creation of the euro area, in January 1999, significant progress has been made in the harmonization of data on banks’ balance sheets, central banks and...
Persistent link: https://www.econbiz.de/10011277926
This paper analyses the business cycle properties of 183 time series relevant to the Italian economy, including real, monetary and international variables. We propose new monthly coincident and leading composite indicators for the Italian business cycle; the leading indicator anticipates the...
Persistent link: https://www.econbiz.de/10005486716
The paper presents the new data collection and the estimation methodology for the external statistics, the results of the comparison between the old and the new data in the overlapping period and the evolution of the Italian balance of payments and international investment position since the...
Persistent link: https://www.econbiz.de/10011100410
This paper analyses the business cycle properties of 183 time series relevant to the Italian economy, including real, monetary and international variables. We propose new monthly coincident and leading composite indicators for the Italian business cycle; the leading indicator anticipates the...
Persistent link: https://www.econbiz.de/10005113618
This paper investigates the effects of subsidies on the investment decisions of a sample of Italian manufacturing firms. We use survey information on firms� subjective evaluations of the investment they would have undertaken without financing, finding that subsidies have limited...
Persistent link: https://www.econbiz.de/10005113681
In this paper we propose and validate cheating in standardized tests as a new indirect measure of social capital. Given … the low-stakes nature of most of the tests examined here, we interpret the widespread presence of cheating as a signal of … limited trustin central education authorities. Cheating is negatively correlated with several social capital proxies in the …
Persistent link: https://www.econbiz.de/10011099654