This paper provides an empirical analysis of the role of political institutions in privatization. Using panel data for 21 industrialized countries in the 1977-1999 period, first we show that the timing and extent of privatization is affected by political fragmentation and proportional elections....

We exploit exogenous variation in legal status following the January 2007 European Union enlargement to estimate its effect on immigrant crime. We difference out unobserved timevarying factors by 1) comparing recidivism rates of immigrants from the “new” and “candidate” member countries...

We examine the empirical relationship between immigration and crime across Italian provinces during the period 1990-2003. Drawing on police administrative records, we first document that the size of the immigrant population is positively correlated with the incidence of property crimes and with...

Interpersonal trust favors the expansion of organizations by allowing the delegation of decisions and tasks among anonymous others or people that interact only infrequently. We document these facts for a representative survey of Italian manufacturing firms and use this source of data to...

Government regulation of firms is associated with more negative externalities and unofficial activity across countries. I argue that this correlation mainly reflects causality going from concerns about market failures to demand for government intervention. Using trust in others as a proxy for...

I examine the post-war economic development of two regions in southern Italy exposed to maa activity after the 1970s and apply synthetic control methods to estimate their counterfactual economic performance in the absence of organized crime. The synthetic control is a weighted average of other...

We investigate the electoral effects of early exposure to Silvio BerlusconiÕs commercial television network, Mediaset, exploiting its staggered expansion across Italian munic- ipalities during the 1980s. We find that municipalities with access to Mediaset prior to 1985 exhibited greater support...

We exploit exogenous variation in legal status following the January 2007 European Union enlargement to estimate its effect on immigrant crime. We difference out unobserved time-varying factors by (i) comparing recidivism rates of immigrants from the "new" and "candidate" member countries; and...