Showing 1 - 10 of 56
This paper studies whether the allocation of municipal expenditure in Italy is influenced by female representation in Municipal Councils. Despite the existence of gender-specific preferences in society, we find no clear evidence that the amount of resources distributed among different spending...
Persistent link: https://www.econbiz.de/10011099698
In this paper we analyse the Harmonised Index of Consumer Prices, which plays a key role in conduct of monetary policy in the euro area. Knowledge of the characteristics of the short-term evolution of consumer prices for each country and for their average is important for better monitoring and...
Persistent link: https://www.econbiz.de/10005671378
asymmetrically to shocks, depending on the direction of the adjustment (positive vs negative) and the source of the shock (demand vs … profits to changes in demand � play an important role in determining this asymmetry. Moreover, whereas cost shocks impact … more when prices have to be raised than when they have to be reduced, demand decreases are more likely to induce a price …
Persistent link: https://www.econbiz.de/10005113548
This paper investigates the microeconomic behaviour of consumer prices in Italy using the individual price records underlying the Italian CPI dataset collected by Istat. We discuss how to analyse price stickiness using such a detailed database and compute a quantitative measure of the...
Persistent link: https://www.econbiz.de/10005113558
the changeover, reflecting costs and demand. Secondly, the rise in the average meal price was mainly due to a larger …
Persistent link: https://www.econbiz.de/10005113562
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
We investigate whether the completion of the Single Market Programme has enhanced competition on the product markets across European countries, taking into account the companion structural reforms undertaken by the member countries, particularly in the labour market and the institutional setting...
Persistent link: https://www.econbiz.de/10008764020
This paper investigates the effects of the increasing activity of foreign banks in Italy, distinguishing between credit granted to households and firms. Foreign banks display a differentiated degree of business expansion across the provinces, we exploit this variability to measure how foreign...
Persistent link: https://www.econbiz.de/10005029280
Using a very large panel dataset of Italian manufacturing firms, we test an empirical model of foreign markets participation with sunk costs. The period of analysis (1982-1999) is exceptionally informative: the large fluctuations in the lira exchange rate determined substantial flows of firms in...
Persistent link: https://www.econbiz.de/10005609387
This paper contributes to the literature on the effectiveness of R&D incentives by evaluating a unique investment subsidy program implemented in northern Italy. Firms were invited to submit proposals for new projects and only those that scored above a certain threshold received the subsidy. We...
Persistent link: https://www.econbiz.de/10008865934