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Using high-frequency transaction data for the three largest European markets (France, Germany and Italy), this paper …
Persistent link: https://www.econbiz.de/10008798823
We study the persistence of the gender unemployment gap in the Italian regions in the 1992-2009 period. Results from unit-root tests analysis with structural break suggest that the process of gender catching-up in the unemployment rates is occurring in most of the regions but at different pace....
Persistent link: https://www.econbiz.de/10008807628
The aim of this paper is to analyze the sustainability of public debt in Italy during the last 150 years (1861-2010) by … Bank of Italy and Baffigi, 2011) and an original reconstruction of the revenues of the State. The key economic indicators …. (2011), we test for the sustainability of public debt in Italy, comparing four different historical periods. -- public debt …
Persistent link: https://www.econbiz.de/10009727085
We welfare rank various tax-spending policies. The setup is a New Keynesian model of a semi-small open economy featuring sovereign risk premia and loss of monetary policy independence. The model is calibrated to match data from the Italian economy 2001-2011. We compute various optimized...
Persistent link: https://www.econbiz.de/10009731213
This paper argues that high political competition does not necessarily induce policy makers to perform better as previous research has shown. We develop a political economy model and we show that when political competition is tight, and elected politicians can rely on more tax instruments, they...
Persistent link: https://www.econbiz.de/10009722392
We evaluate the effect of relaxing fiscal rules on policy outcomes applying a quasi-experimental research design. In 1999, the Italian central government introduced fiscal rules aimed at imposing fiscal discipline on municipal governments, and in 2001 the rules were relaxed for municipalities...
Persistent link: https://www.econbiz.de/10009682334
Liste di mobilità (LM) is an Italian labour market programme targeted to dismissed workers. There is a "passive" component granting monetary benefits to employees dismissed by firms larger than 15 employees, and an "active" component providing an employment subsidy to any firm hiring workers...
Persistent link: https://www.econbiz.de/10003730268
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