is therefore somewhat surprising to observe that Italy, in comparison to the United States, displays less inequality … around the idea that even if in Italy moving up on the social ladder is easier, the incentive to move may be lower, making …

This paper investigates why the slope of the yield curve predicts future economic activity in Germany and the United … spread in that country. However, the main reason for the stronger leading indicator property in Germany is the positive … at lag four in Germany and almost nothing in the United States. …

than the overall economy. Behind the dynamics of aggregate trade, Italy’s comparative advantage changed fundamentally over … foreign trade at a high level of disaggregation to document and analyze these changes. We conclude with an assessment of Italy …

We look at the role of the financial sector in the context of the relatively backward regions of Southern Italy (the so … considerably riskier than those elsewhere in Italy. It also indicates, however, that risk accounts for only half of the 200 basis … and argue that Southern banks tend to perform their screening function less efficiently than banks in the rest of Italy …

find that in Italy borrowing constraints are more severe than in the United States, and that they are more stringent for …

product and in labour markets, in the determination of sectoral employment growth in Italy during the last forty years (1951 …