In this paper we focus on tenant rents in Italy and compare results from several methods for the rent dynamic estimation. We first document the sources of data available and then introduce quality-adjusted techniques, which enable us to separate the price variation due to qualitative changes in...

The paper presents the main results of the Eurosystem's Household Finance and Consumption Survey (HFCS) with an emphasis on the data for Italy in the international context. The paper examines households' socio-demographic characteristics, assets and income distribution, participation in real and...

The paper investigates the opinions of Italian families on the advisability and the possibility of saving. The analysis was carried out using the monthly micro-data underlying the Italian consumer survey conducted by Isae up to 2010 and by Istat thereafter. The results show that in recent years...

This paper compares two indicators of household vulnerability using the Bank of Italy's Survey on Household Income and Wealth (2008-2014). According to the first indicator, a household is considered vulnerable if its debt service-to-income ratio exceeds 30 per cent and its income is below the...

The design of the Bank of Italy’s Survey on Household Income and Wealth was revised in 2020 to reduce non-sampling error in households’ income and wealth and improve data quality. The new sample allocation resulted in greater participation in the upper parts of the income distribution,...

We estimate the effect of weather shocks on yield of corn, durum wheat, and grapevine using two-way fixed effect models on Italian province-level panel data at the annual frequency. Our estimates reveal substantial non-linearity in the effect of temperature on agricultural yields, in line with...

Economic activity is concentrated in urban areas and during the 20th century the urban population grew at a faster rate than the national average in many countries. Why is this the case? In this paper we focus on the urban premium in firms' productivity. We run two exercises. First, we document...

It is frequently argued that the geographical context in which firms operate can have a crucial impact on their propensity to internationalize. In this paper, we present the results of an empirical analysis that examines the determinants of export performance for a sample including more than...

In this paper we study the relationship between the quality of contract enforcement and firms' participation in Global Value Chains. Using new data on Italian manufacturing firms' supply of customized inputs to other firms and variations in law enforcement in courts across Italy, we find that...

Increased robot diffusion has raised concerns for its possible negative impact on employment. Following an empirical approach in line with those applied to the US and Germany with contrasting results, this paper provides evidence about the effect of robots on employment outcomes in Italy (second...