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Convergence among Italian Regions, 1861-2011

Iuzzolino, Giovanni; Pellegrini, Guido; Viesti, Gianfranco - Banca d'Italia - 2011

In 150 years, the trends in regional disparities in economic development within Italy have differed depending on whether they are gauged by longitude or by latitude. The disparities between western and eastern regions first widened and then closed; the North-South gap, by contrast, remains the...

Persistent link: https://www.econbiz.de/10009364471

Italian civil justice: regional disparities

Carmignani, Amanda; Giacomelli, Silvia - Banca d'Italia - 2009

The functioning of the Italian civil justice system is characterized by deep regional disparities: the length of legal proceedings is on average significantly higher in the South than in the rest of Italy. Using mainly a descriptive approach, this paper documents these differences and...

Persistent link: https://www.econbiz.de/10005609418

The geography of income inequality in Italy

Acciari, Paolo; Mocetti, Sauro - Banca d'Italia - 2013

This paper exploits the tax records to analyze the geography of income inequality in Italy. In 2011, the Gini coefficient, the most common measure of inequality, was 40 per cent at national level. In the South it was 3 percentage points higher than in the Centre-North, mainly because of a...

Persistent link: https://www.econbiz.de/10011105116

Learning divides across the Italian regions: Some evidence from national and international surveys

Montanaro, Pasqualino - Banca d'Italia - 2008

Student performance has been tested by various surveys at the international level in recent years, using different aims and methodologies. On the basis of a comparative analysis, this paper aims to describe the differences in performance between Italian regions, subjects and ages or grades. All...

Persistent link: https://www.econbiz.de/10005113683

Investment and Demand Uncertainty.

Guiso, L.; Parigi, G. - Banca d'Italia - 1996

Theoretical models of investment under uncertainty predict that the sign and the strength of the investment -uncertaintyrelationship is in principle ambiguous and can vary greatly across groups of firms depending on the degree of irreversibility of investment and the market power of the firm....

Persistent link: https://www.econbiz.de/10005640898

An Investment-Function-Based Measure of Capacity Utilisation. Potential Output and Utilised Capacity in the Bank of Italy's Quarterly Model.

Parigi, G.; Siviero, S. - Banca d'Italia - 2000

In this paper we build a measure of potential private-sector value added for the Italian economy that is consistent with the capital accumulation process in the Banca d'Italia's Quarterly Model -and more generally with the rest of the supply-side block of that model.

Persistent link: https://www.econbiz.de/10005640904

Investment and the Exchange Rate.

Nucci, F.; Pozzolo, A.F. - Banca d'Italia - 1998

This paper investigates the relationship between exchange rate fluctuations and the investment decisions of a sample of Italian manufacturing firms. The results support the view that a depreciation of the exchange rate has a positive effect on investment through the revenue channel, and a...

Persistent link: https://www.econbiz.de/10005640935

The decline in municipal investments between Domestic Stability Pact and lack of financial resources

Chiades, Paolo; Mengotto, Vanni - Banca d'Italia - 2013

This paper analyzes the decline in Italian municipal investments that began in the middle of the last decade. The … analysis shows that, organizational methods for service provision budgetary financial conditions being equal, investments … finance investments with their own resources. In more recent years, the relaxation of the constraints and the introduction of …

Persistent link: https://www.econbiz.de/10011105126

Financing long-term investment: ongoing initiatives and the main policy directions

Grande, Giuseppe; Guazzarotti, Giovanni - Banca d'Italia - 2014

The topic of financing long-term investment is on the top of the agenda of economic policy makers and it is among the priorities of the Italian Presidency of the European Union. The paper describes the main international initiatives in the field and highlights the three most promising courses of...

Persistent link: https://www.econbiz.de/10011105129

The Determinants of Cross-Border Bank Share holdings: an Analysis with Bank-Level Data from OECD Countries.

Focarelli, D.; Pozzolo, A.F. - Banca d'Italia - 2000

This paper investigates which factors determine a bank's decision to expand its activities abroad and what determines its choice of the countries to invest in. The empirical analysis is conducted using firm-level data on foreign subsidiaries for a representative sample fo nearly 2,500 OECD banks.

Persistent link: https://www.econbiz.de/10005671383