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Do EU Structural Funds Promote Regional Employment? Evidence from Dynamic Panel Data

Mohl, Philipp - 2011

Despite its rather broad goal of promoting 'economic, social and territorial cohesion', the existing literature has mainly focused on investigating the Cohesion Policy's growth effects. This ignores the fact that part of the EU expenditures is directly aimed at reducing disparities in the...

Persistent link: https://www.econbiz.de/10013118136

The Role of Fiscal Transfers for Regional Economic Convergence in Europe

Checherita-Westphal, Cristina D. - 2009

This paper provides evidence on the role of net fiscal transfers to households and EU structural funds for per-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers, while achieving regional redistribution, seem to...

Persistent link: https://www.econbiz.de/10012764767

EMU and the Adjustment to Asymmetric Shocks : The Case of Italy

Amisano, Gianni - 2009

at a time-varying VAR model of Italy's relative performance compared with the rest of the euro area, spanning from 1976 …

Persistent link: https://www.econbiz.de/10013153396

Does it Pay to Have the Euro? Italy's Politics and Financial Markets under the Lira and the Euro

Fratzscher, Marcel - 2009

's prosperity. The paper focuses on political events in Italy over the past 35 years and asks whether the adoption of the euro in … 1999 has helped insulate Italy's financial markets from the adverse consequences of its traditionally unstable political … system. We find that important political events have exerted a statistically and economically significant effect on Italy …

Persistent link: https://www.econbiz.de/10013159357

Bank Lending and Monetary Transmission in the Euro Area

De Santis, Roberto A. - 2013

in Germany and Italy, which are characterized by a large number of banks; but it is very weak in Spain and more … savings banks with smaller size in Italy. Third, heterogeneity across groups of banks belonging to the same category in any …

Persistent link: https://www.econbiz.de/10013078975

Determinants of Firms’ Efficiency : Do Innovations and Finance Constraints Matter? The Case of European Smes

Bonanno, Graziella - 2020

This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation activities. We enrich our understanding on firms' performance by adopting the stochastic frontier approach (SFA), which allows us to estimate profit functions and to obtain...

Persistent link: https://www.econbiz.de/10012831402

The Italian Block of the Escb Multi-Country Model

Angelini, Elena; D'Agostino, Antonello; McAdam, Peter - 2021

This paper documents the structure, estimation and simulation properties of the Italian block of the ESCB-multi-country model (MCM). The model is used regularly as an input into Eurosystem projection exercises and, to a lesser extent, in simulation analysis. The specification of the Italian...

Persistent link: https://www.econbiz.de/10013317555