Showing 1 - 10 of 20
This paper examines the regional distribution of public employment in Italy. It documents two sets of facts. This first … is the use of public employment as a subsidy from the North to the less wealthy South. We calculate that about half of … the wage bill in the South of Italy can be identified as a subsidy. Both the size of public employment and the level of …
Persistent link: https://www.econbiz.de/10012471398
credit, and reduce their employment and capital. However, when policy rates are constrained by the effective lower bound …, demand effects are stronger, leading firms to raise their prices more and no longer reduce their employment …
Persistent link: https://www.econbiz.de/10012481059
employment, socio-emotional skills, high school graduation, election participation, and obesity. Comparisons with individuals …
Persistent link: https://www.econbiz.de/10012455291
I study the selection and economic outcomes of Italians in Argentina and the US, the two largest destinations during the age of mass migration. Prior cross-sectional work finds that Italians had faster assimilation in Argentina, but it is inconclusive on whether this was due to differences in...
Persistent link: https://www.econbiz.de/10012480073
Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth inequality and dynamics. Here we analyse the two concepts in a comparative perspective for the same individuals in Italy and the U.S. over the last two decades. Contrary to our...
Persistent link: https://www.econbiz.de/10012480471
This paper examines the relationship between drug price and drug quality and how it varies across two of the most common regulatory regimes in the pharmaceutical market: minimum efficacy standards (MES) and a mix of minimum efficacy standards and price control mechanisms (MES+PC). Through a...
Persistent link: https://www.econbiz.de/10012464081
This paper analyzes retirement saving and portfolio choice in the United States, Italy, and the Netherlands. While these countries enjoy roughly the same standard of living, they vary widely in their institutional organization of retirement income provisions. Building on extensions of the life...
Persistent link: https://www.econbiz.de/10012468512
By age 77 a plurality of women in wealthy Western societies are widows. Comparing older (aged 70+) married women to widows in the American Time Use Survey 2003-18 and linking the data to the Current Population Survey allow inferring the short- and longer-term effects of an arguably exogenous...
Persistent link: https://www.econbiz.de/10012533301
This paper studies the interaction between the decrease in the gender pay gap and the stagnation in the careers of younger workers, analyzing data from the United States, Italy, Canada, and the United Kingdom. We propose a model of the labor market in which a larger supply of older workers can...
Persistent link: https://www.econbiz.de/10014576641
We study how within-store price variation changes with inflation, and whether households exploit it to attenuate the inflation burden. We use micro price data for food products sold by 91 large multi-channel retailers in ten countries between 2018 and 2024. Measuring unit prices within narrowly...
Persistent link: https://www.econbiz.de/10014576655