Questo lavoro presenta un'analisi territoriale della produttività totale dei fattori (PTF) in Italia dal 1998 al 2006, utilizzando dati di impresa. L'aspetto territoriale è approfondito scomponendo la PTF negli effetti within-firms e between-firm. Queste due componenti sono calcolate per...

L’obiettivo di questo lavoro è di analizzare, utilizzando dati di impresa, il rallentamento della produttività osservato in Italia a partire dagli anni ‘90. L’idea è di verificare se nel periodo 1996-2005 l’andamento della produttività aggregata è imputabile a un rallentamento...

This paper aims to construct a high-frequency coincident indicator of economic activity for Lombardy and for the provinces of Milan and Pavia, by using the dynamic factor model approach introduced by Stock e Watson (1998a e 1998b). The principal component analysis is first used to summarize the...

This paper aims to construct a high-frequency coincident indicator of economic activity for Lombardy and for the provinces of Milan and Pavia, by using the dynamic factor model approach introduced by Stock e Watson (1998a e 1998b). The principal component technique is first used to summarize the...

We study monetary policy in a New Keynesian (NK) model with endogenous growth and knowledge spillovers external to each firm. We find the following results: (i) technology and government spending shocks have different effects on growth; (ii) disinflationary monetary policies entail positive...

This paper aims to construct a high-frequency coincident indicator of economic activity for Lombardy and for the provinces of Milan and Pavia, by using the dynamic factor model approach introduced by Stock e Watson (1998a e 1998b). The principal component technique is first used to summarize the...

This paper aims to construct a high-frequency coincident indicator of economic activity for Lombardy and for the provinces of Milan and Pavia, by using the dynamic factor model approach introduced by Stock e Watson (1998a e 1998b). The principal component analysis is first used to summarize the...