Italian firms. The analysis is based on the universe of reports to the Central Credit Register (CR). Between 1998 and 2007 the … subsidized loans recorded by the CR amounted to about 0.3 per cent of GDP and involved approximately 27,000 firms, mainly limited … subsidized lending is greater among larger enterprises, especially agricultural firms and in industry excluding construction. …

This paper shows the results of a survey on firms regarding the changes that are occurring in the bank … firms localized in the regions of Emilia-Romagna, Puglia and Basilicata. The results show that a non-negligible share of … firms seems to have realized the possible effects of the new regulations and some of them think that it is necessary to …

We study how aggregate volatility is influenced by the propagation of idiosyncratic shocks across firms through the … almost the entire universe of Italian limited liability firms over the period 2005-2013. We first document that the ownership … network matters for the correlation of firms' sales. Then, we construct a model where firms are linked through ownership …

combines matched employer-employee data for a representative sample of Italian firms with administrative archives on the … of corruption. These findings suggest that the gains in market power derive from public demand shifts towards politically … connected firms. We estimate such shifts reduce the provision of public goods by approximately 20%. …