Showing 1 - 10 of 11
This paper is a case study of an (almost complete) adjustment of Italy's external stock imbalance. After reaching a … peak of around 25 per cent of GDP in early 2014, Italy's net external debtor position has steadily decreased, reaching less … developments in Italy's net international investment position (NIIP) since 1999. Second, it reports a baseline projection of Italy …
Persistent link: https://www.econbiz.de/10012898805
paper provides an estimate of the composition, by instrument and by issuer country, of Italy's portfolio assets after … arising from cross-border positions in investment funds has a significant impact on the composition of Italy's portfolio … fundamentally changes in the direction of increasing its geographical diversification. The United States becomes Italy's main …
Persistent link: https://www.econbiz.de/10012914889
We discuss entry wages, career patterns and inequality developments of successive cohorts who have entered the Italian labour market between 1974 and 2014. We find that entry wages started to decline around the mid-1990s; the drop continued at least until the onset of the global financial...
Persistent link: https://www.econbiz.de/10012962991
Drawing on data from the Eurosystem's recent Securities Holdings Statistics (SHS) and the IMF's Coordinated Portfolio Investment Survey (CPIS), the paper provides a detailed breakdown of foreign holders of Italian government securities by sector and geographical area. We estimate that euro-area...
Persistent link: https://www.econbiz.de/10012962997
The share of labour increased in the first half of the 1970s, declined slowly to its 1960s level in 2001, and since then has been rising. Between 1975 and 2001, the decline in the labour share was due in part to the recovery in profits, and in part to a steady increase in housing rents on GDP,...
Persistent link: https://www.econbiz.de/10012994324
A relatively low geographical mobility of students in the Centre and North of the country and a large incidence of movers from southern regions to universities located in the Centre and North are well-established features of the Italian academic system. Exploiting a novel administrative dataset...
Persistent link: https://www.econbiz.de/10012946365
We reassess the role of regional imbalances in explaining the high household income inequality in Italy. In the first …
Persistent link: https://www.econbiz.de/10012865139
the population has long been far lower in Italy (12 percent in 2007) that in the rest of Europe (24 percent). The 32 …
Persistent link: https://www.econbiz.de/10013109104
This paper analyses the response to the COVID-19 pandemic of inbound tourism to Italy looking at variation across … countries and across provinces. To this end, it uses weekly data on the number of foreign visitors in Italy from January 2019 …
Persistent link: https://www.econbiz.de/10013321751
This paper analyses the response to the COVID-19 pandemic of inbound tourism to Italy looking at variation across … countries and across provinces. To this end, it uses weekly data on the number of foreign visitors in Italy from January 2019 …
Persistent link: https://www.econbiz.de/10013211979