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The Fragility of Social Capital
Sabatini, Fabio; Antoci, Angelo; Sodini, Mauro - Fondazione ENI Enrico Mattei (FEEM) - 2009
parameters representing the relevance of social interaction and trust in well-being and production. When material consumption and … there was no substitutability between relational activities and material consumption. …
Persistent link: https://www.econbiz.de/10005008018
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Crime and Education in a Model of Information Transmission
Cortés, Darwin; Friebel, Guido; Maldonado, Darío - Fondazione ENI Enrico Mattei (FEEM) - 2010
We model the decisions of young individuals to stay in school or drop-out and engage in criminal activities. We build on the literature on human capital and crime engagement and use the framework of Banerjee (1993) that assumes that the information needed to engage in crime arrives in the form...
Persistent link: https://www.econbiz.de/10008674343
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Do Social Relations Affect Economic Welfare? A Microeconomic Empirical Analysis
Antoni, Giacomo Degli - Fondazione ENI Enrico Mattei (FEEM) - 2007
Over the last few years, many studies have shown that social networks affect the socioeconomic development. This paper presents evidence, through the Italian microdata representative of the entire Italian population, that the quality and quantity of interpersonal relations of agents can increase...
Persistent link: https://www.econbiz.de/10005230851
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Consumption and Precautionary Saving: An Empirical Analysis under Both Financial and Environmental Risks
Baiardi, Donatella; Manera, Matteo; Menegatti, Mario - Fondazione ENI Enrico Mattei (FEEM) - 2011
This paper studies the empirical relationship between consumption and saving under two different sources of uncertainty … financial and environmental risks affect consumption. Moreover, we suggest a solution to some shortcomings which concern the …
Persistent link: https://www.econbiz.de/10009320989
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Economic Growth and the Environment with Clean and Dirty Consumption
Orecchia, Carlo; Tessitore, Maria Elisabetta - Fondazione ENI Enrico Mattei (FEEM) - 2011
is that the EKC is examined in the presence of pollution as a by product of consumption activities; also, pollution is a … stock variable rather than a flow and tends to accumulate over time. In order to highlight the role of consumption on the … different consumption types, characterized by a different impact on the environment (i.e. dirty and clean consumption). We find …
Persistent link: https://www.econbiz.de/10009320998
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The Effects of Environmental Risk on Consumption: an Empirical Analysis on the Mediterranean Countries
Baiardi, Donatella; Manera, Matteo; Menegatti, Mario - Fondazione ENI Enrico Mattei (FEEM) - 2014
financial risks on consumption choices in the Mediterranean Region. The analysis is carried out using time series aggregate data … significantly influence consumption dynamics. Our estimates of the indexes of relative risk aversion and relative prudence, as well …
Persistent link: https://www.econbiz.de/10010781884
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Technology Spillovers Embodied in International Trade: Intertemporal, regional and sectoral effects in a global CGE
Cian, Enrica De; Parrado, Ramiro - Fondazione ENI Enrico Mattei (FEEM) - 2012
This paper uses a dynamic CGE model to assess the intertemporal and spatial dimension of technology spillovers embodied in international trade within a climate and trade policy framework. Three are the main contributions of the study. First, to include endogenous factor-biased technical change...
Persistent link: https://www.econbiz.de/10010552187
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Vertical Integration and Investor Protection in Developing Countries
Macchiavello, Rocco - Fondazione ENI Enrico Mattei (FEEM) - 2009
The industrial organization of developing countries is characterized by the pervasive use of subcontracting arrangements among small, financially constrained firms. This paper asks whether vertical integration relaxes those financial constraints. It shows that vertical integration trades off the...
Persistent link: https://www.econbiz.de/10008502126
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Informal Finance: A Theory of Moneylenders
Madestam, Andreas - Fondazione ENI Enrico Mattei (FEEM) - 2009
I study the coexistence of formal and informal finance in underdeveloped credit markets. While weak institutions constrain formal banks, shallow pockets hamper informal lenders. In such economies, informal finance has two effects. By increasing the investment return it decreases borrowers’...
Persistent link: https://www.econbiz.de/10004987238
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Climate Change Feedback on Economic Growth: Explorations with a Dynamic General Equilibrium Model
Eboli, Fabio; Parrado, Ramiro; Roson, Roberto - Fondazione ENI Enrico Mattei (FEEM) - 2009
, production and consumption patterns. We use a new dynamic, multi-regional Computable General Equilibrium (CGE) model of the world …
Persistent link: https://www.econbiz.de/10005008022