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Work Environment and Individual Background : Explaining Regional Shirking Differentials in a Large Italian Firm
Ichino, Andrea - 1999
The prevalence of shirking within a large Italian bank appears to be characterized by significant regional …
Persistent link: https://www.econbiz.de/10012471366
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The Cost of Banking Regulation
Guiso, Luigi - 2006
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 … increase in bad loans. In provinces where restrictions to bank competition were most severe, the proportion of bad loans after …
Persistent link: https://www.econbiz.de/10012466164
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How Do Banks Set Interest Rates?
Gambacorta, Leonardo - 2004
disentangle loan supply from loan demand shift in the bank lending channel' literature. The results, derived from a sample of … in the pass-through on the interest rate on current accounts depends mainly on banks' liability structure. Bank's size is …
Persistent link: https://www.econbiz.de/10012468399
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Country studies
Blanchard, Olivier (contributor) - 1994
Persistent link: https://www.econbiz.de/10000122609
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The Role of Social Capital in Financial Development
Guiso, Luigi - 2000
To identify the effect of social capital on financial development, we exploit the well-known differences in social capital and trust (Banfield (1958), Putnam (1993)) across different parts of Italy, using microeconomic data on households and firms. In areas of the country with high levels of...
Persistent link: https://www.econbiz.de/10012471212
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Redistribution Through Public Employment : The Case of Italy
Alesina, Alberto - 1999
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...
Persistent link: https://www.econbiz.de/10012471398
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The Transmission Mechanism of Monetary Policy in Europe : Evidence from Banks' Balance Sheets
Favero, Carlo A. - 1999
transmission chain by analysing the response of bank loans to the monetary tightening. Our experiment provides evidence on the … not find evidence of a significant response of bank loans to the monetary tightening, which occurred during 1992, in any …
Persistent link: https://www.econbiz.de/10012471558
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Regional Nonadjustment and Fiscal Policy : Lessons for EMU
Obstfeld, Maurice - 1999
How will countries handle idiosyncratic national macroeconomic shocks under the European single currency? The ways in which European countries now react to internally asymmetric shocks provide a better forecast than do the regional response pattern of the United States. In this paper we compare...
Persistent link: https://www.econbiz.de/10012471641
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The Unequal Cost of Job Loss across Countries
Bertheau, Antoine; Acabbi, Edoardo; Barceló, Cristina; … - National Bureau of Economic Research - 2022
We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and...
Persistent link: https://www.econbiz.de/10012938696