While the preponderance of empirical studies point to negative crop yield skewness in a wide variety of contexts, the literature provides few clear insights on why this is so. The purpose of this paper is to make three points on the matter. We show formally that statistical laws on aggregates do...

Italian Abstract: La filiera del settore immobiliare contribuisce per oltre un quinto al prodotto interno lordo; la sua rilevanza per il sistema bancario è ancora più elevata: il credito concesso alle imprese del comparto supera il 34 per cento dei finanziamenti al settore privato. La...

During the last two decades, house prices in Italy have increased dramatically in real terms, particularly in large towns and cities; the rise in rents has been even more marked. This paper analyses home affordability for households, considering both the rent and the property markets. In...

Foreign people face increasing housing problems in Italy. The goal of the paper is the analysis of these difficulties through an empirical investigation, based on data of a direct survey on estate agencies, which in Italy represent the main brokers in the housing market. The results highlight...

This paper provide a review of housing policies implemented in the Municipality of Modena for those tenants living in unaffordable housing. In the first part of the paper we analyze demand and supply for each of these policies, our sources being microdata from the Municipality: we find that...

The paper reviews the supply of different mortgage instruments to Italian households by means of data obtained from a survey conducted in 2007 by the Bank of Italy over more than 300 banks. The results document significant innovations in housing finance in the last five years: a greater variety...

Italian Abstract: Gli sviluppi tecnologici hanno consentito di sfruttare risorse di idrocarburi prima inesplorate. Il fenomeno ha finora innescato rapidi mutamenti del mercato energetico solo negli Stati Uniti, grazie all'abbondanza delle riserve ma anche all'esenzione dalle normative ambientali...