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This paper considers the impact of the Constitutional Court on legislative output in Italy. Following Tsebelis’ ((2002) Veto Players: Foundations of Institutional Analysis. Princeton: Princeton University Press) veto players model and the stylised facts as regards the Italian Constitutional...
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In this paper, we consider the sentences of constitutional illegitimacy by the Italian Constitutional Court in the First Republic (1956--1992) as a measure of its independence from politicians. We focus on the Court's incidental review and test whether the Court's independence increases when...
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This paper studies the effects of product market integration on wage-bargaining institutions. It first shows evidence of a negative correlation between the level of wage bargaining and proxy measures of integration, such as the degree of openness and import penetration, for a macro-panel of 17...
Persistent link: https://www.econbiz.de/10009324480
We consider a set-up where two governments have either conflicting or matching preferences on the provision of differentiated (local) goods supplied by a common monopoly bureau. We develop a two-stage game. At stage-1, the two governments decide whether or not to merge into a single institution....
Persistent link: https://www.econbiz.de/10005007147
This paper presents the results of two experiments designed to test violations of Subjective Expected Utility Theory (SEUT) within a sample of Italian trade union delegates and leaders. Subjects priced risky and ambiguous prospects in the domain of gains. Risky prospects were based on games of...
Persistent link: https://www.econbiz.de/10005007155