Showing 1 - 10 of 12
capital and trust (Banfield (1958), Putnam (1993)) across different parts of Italy, using microeconomic data on households and …
Persistent link: https://www.econbiz.de/10012471212
workers across regions; differences in local attributes; different hiring policies and discrimination against southern workers …
Persistent link: https://www.econbiz.de/10012471366
During the 1970s, Italy experienced an extreme compression of wage differentials, similar to the better-known situation … (the loss of support for unions and their egalitarian pay policies). While we cannot definitively distinguish among the … relative influences of institutions, market forces, technology and politics on the evolution of earnings inequality in Italy …
Persistent link: https://www.econbiz.de/10012473982
Italy and Germany have similar geographical differences in productivity - North more productive than South in Italy …; West more productive than East in Germany - but have adopted different models of wage bargaining. Italy sets wages based on …
Persistent link: https://www.econbiz.de/10012479565
To explain the extremely long-term persistence (more than 500 years) of positive historical experiences of cooperation (Putnam 1993), we model the intergenerational transmission of priors about the trustworthiness of others. We show that this transmission tends to be biased toward excessively...
Persistent link: https://www.econbiz.de/10012464934
University in Italy, this paper shows that an increase of 1,000 euro in the continuation tuition reduces the probability of late …
Persistent link: https://www.econbiz.de/10012465793
We use exogenous variation in the degree of restrictions to bank competition across Italian provinces to study both the effects of bank regulation and the impact of deregulation. We find that where entry was more restricted the cost of credit was higher and - contrary to expectations- access to...
Persistent link: https://www.econbiz.de/10012466164
In most Western countries illness-related absenteeism is higher among female workers than among male workers. Using the personnel dataset of a large Italian bank, we show that the probability of an absence due to illness increases for females, relative to males, approximately 28 days after a...
Persistent link: https://www.econbiz.de/10012466296
We provide a new explanation to the limited stock market participation puzzle. In deciding whether to buy stocks, investors factor in the risk of being cheated. The perception of this risk is a function not only of the objective characteristics of the stock, but also of the subjective...
Persistent link: https://www.econbiz.de/10012467028
We study the effects of differences in local financial development within an integrated financial market. To do so, we construct a new indicator of financial development by estimating a regional effect on the probability that, ceteris paribus, a household is shut off from the credit market. By...
Persistent link: https://www.econbiz.de/10012469791