This paper suggests that the insufficient work experience of young people as compared to adults is the major cause of the hardship the former experience in the labour market both in terms of employment and wages. Economists are bewildered as to the determinants of and as to the ways to cure the...

The paper proposes a method to speed up the transition toward the notional contributions pension system in Italy. It seems the most appropriate manner to combine and pursue employment and financial sustainability goals. The method computes percentages for abating the old retributive pensions...

The same methodology Oecd and Ecofin apply to project future trends of health care expenditue is here applied to reconstruct backwards Italian health care expenditure. The time horizon is 1988-2012. Results are described and argued. Important evidence emerges on the historical value of the...

The demographic database of Istat (www.istat.it)is explored and the main facts are extracted and described, both at the aggregate national level as well as at the regional one. This paper is completely self-standing but, at the same time, poses the basis for a more general analysis that will be...

Ecofin-Oecd methodology is applied to investigate the past trends of the public health care expenditure in Basilicata. The expenditure is standardized to take into account the composition of the population in terms of age. Did Basilicata spend too much compared to the Italian average? The answer...

This paper provides an overview of the government debt associated to the postal services focusing on a case study. In fact, the performance and the government expenditure on postal services from the Belle Époque to the current situation is investigated. This is done with the aim of identifying...

The article examines public finance developments and its medium and long term prospects in the new member States of the European Union. Budget deficits have mostly a structural nature and require timely policy interventions, particularly in the area of social security spending. National economic...

In questo lavoro si fornisce unabreve rassegna dei più recenti contributi teorici, sul legame tra distribuzione e crescita, basati sull’incompletezza dei mercati dei capitali Se i mercati dei capitali sono imperfetti e le decisioni individuali di investimento avvengono in condizioni di...

General government activity in the field of education has recently assumed new interest due to the importance of two analytical objectives: a) the existence of substitution or complementary processes between public and private expenditure in education; b) the importance of public expenditure in...

We estimate the private (individual) and social return to schooling in Italy and its macro regions. Our estimates take into account the effects of schooling on employment and wages, as well as the key features of the Italian tax and social security system. We find that the individual return to...