There is a growing interest in studying the disagreement of economic agents. Most studies, however, focus on the disagreement regarding one specific variable, hereby neglecting that disagreement may be comoving with disagreement on other variables. In this paper we explore to which extent...

We develop a methodology for identifying financially distressed households and use it for testing the responses to shocks to the unemployment rate, the interest rate and prices of essential expenditure in the Czech Republic. We extend the approach of Johansson and Persson (2006) for Sweden and...

During the Great recession, the foreign demand was a key factor for the Italian manufacturing firm to compete successfully. New Istat databases on make it possible to pinpoint both the firms' potential and obstacles, either exogenous or endogenous to the firms' characteristics. Our evidence...