This paper analyses the economic impact of digital technologies in Europe distinguishing between different stages/domains of the digitalization process. A set of composite Information and Communication Technologies (ICT) indicators is used for capturing the access to ICTs, the ability to use...

Questo articolo cerca di spiegare la specializzazione settoriale nei servizi alle imprese (SI) all’interno delle regioni dei Paesi dell’Unione Europea a 27. Oltre alle fonti tradizionali delle economie di agglomerazione come le esternalità di localizzazione e di urbanizzazione, vengono...

This paper studies the impact of the reform of the Employees Severance Indemnity (ESI) fund on Italian firms’ capital structure for a sample of 4680 Italian firms observed over the period 1991-2000. We find that, controlling for various factors affecting firms’ total leverage, ESI is a...

In this paper we model and empirically test the impact of banks' shift towards financial services on their screening activity and on the quality of their loans. We present a model where it is easier to sell services to positively evaluated loan applicants and we show that the larger the banks'...