Showing 1 - 10 of 522
The paper provides a quantitative assessment of social returns to education in Italy. It shows that, after controlling … social returns between 2 and 3 percent. This result is robust to alternative estimation methods and does not seem to depend … on endogenous sorting. The paper also shows that social returns are higher in the lagged areas of the south of Italy …
Persistent link: https://www.econbiz.de/10014403676
We discuss regional disparities in economic performance and living standards. We first set out some key facts, and provide a conceptual framework to help analyze whether such disparities are efficient, or instead reflect market and/or policy failures. We examine whether policy attempts to reduce...
Persistent link: https://www.econbiz.de/10012518295
Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment provinces. Using a structural VAR, it...
Persistent link: https://www.econbiz.de/10014403668
Persistent link: https://www.econbiz.de/10009621650
We study the cyclical properties of sales, regular price changes and average prices paid by consumers (""effective"" prices) in a dataset containing prices and quantities sold for numerous retailers across a variety of U.S. metropolitan areas. Both the frequency and size of sales fall when local...
Persistent link: https://www.econbiz.de/10014395698
This paper develops and calibrates a simple general equilibrium model with two types of labor and capital for the French economy. The simulation results indicate that targeted reductions in employer social security taxes have six times as large an effect on employment as untargeted reductions...
Persistent link: https://www.econbiz.de/10014401626
This paper reviews conceptual linkages between taxation and unemployment, available empirical evidence and country policies that may have a bearing on these linkages in the OECD and in a sample of developing and transitional economies, Fund policy advice on these issues, and tax policy options...
Persistent link: https://www.econbiz.de/10014396074
Productivity growth in Italy has been persistently anemic and has lagged that of the euro area over the period 1999 … whether total factor productivity growth varies with the level of corporate indebtedness. We employ a novel estimation …
Persistent link: https://www.econbiz.de/10011809561
particularly true for Italy, where the variability of production in manufacturing is extremely high and almost entirely due to …
Persistent link: https://www.econbiz.de/10014399929
(relative to the variability of the forward bias), and predictable. Estimation of structural models of the risk premium suggests … that anticipated fiscal contractions in Italy and lower uncertainty about the future path of fiscal policy are associated …
Persistent link: https://www.econbiz.de/10014403290