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This paper contributes to the literature on competition and corruption, by drawing on records from Calciopoli, a judicial inquiry carried out in 2006 on corruption in the Italian soccer league. Unlike previous studies, we can estimate the determinants of match rigging and use this information in...
Persistent link: https://www.econbiz.de/10013324926
The recent fall of labor's share of GDP in numerous countries is well-documented, but its causes are poorly understood. We sketch a "superstar firm" model where industries are increasingly characterized by "winner take most" competition, leading a small number of highly profitable (and low labor...
Persistent link: https://www.econbiz.de/10012963787
The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...
Persistent link: https://www.econbiz.de/10012956029
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …
Persistent link: https://www.econbiz.de/10012894540
concludes with an empirical application to consumer price inflation in Germany, France and Italy, and re-examines the extent to …
Persistent link: https://www.econbiz.de/10013129942
identify in observational studies. In a large scale randomized trial conducted during an actual mayoral campaign in Italy, we …
Persistent link: https://www.econbiz.de/10013083096
This paper considers a simple model of self-fulfilling expectations that leads to a multiple equilibrium of gender gaps in wages and participation rates. Rather than resorting to moral hazard problems related to unobservable effort, like in most of the related literature, our model fully relies...
Persistent link: https://www.econbiz.de/10012771577
regression discontinuity design in Italy, where cities above 15,000 inhabitants elect the mayor with a runoff system, while those …
Persistent link: https://www.econbiz.de/10013076816
Cross-sectional tests of the Jack-of-All-Trades theory of entrepreneurship invariably conclude that accumulation of …
Persistent link: https://www.econbiz.de/10013317466
We use the repeated random assignment of external examiners to school institutes in Italy to investigate whether the …
Persistent link: https://www.econbiz.de/10012863360