The paper analyses the characteristics of the supply of higher education in different geographical macroareas using a strategic interaction framework. It focuses on universities operating in centralised funding system that autonomously set the quality of education showing that in equilibrium it...

This paper studies educational choices in a signaling setting in the presence of heterogeneous working ability imperfectly correlated with schooling costs. We show that even if individuals can use education to signal their ability, pooling equilibria may arise. These equilibria may be...

This work investigates educational mismatch and its interrelationships with individual unemployment duration. By studying unemployment histories of Italian workers we show that overeducated have longer unemployment spells than well matched workers. Using duration models we show that hazard rates...

This paper studies educational choices in a signaling setting in segmented labor markets. We show that in the presence of heterogeneous working ability imperfectly correlated with schooling costs, equilibria characterized by overeducation may arise. The quality of education is crucial in...

The paper analyzes the characteristics of the supply of higher education in different geographical macroareas using a strategic interaction framework. We investigate the issue of educational quality differentials in a centralized funding system. In the presence of moving costs and asymmetric...

This work analyses the links between credit and labour markets highlighting the influence of credit market inefficiencies on employment. We argue that if banks are not efficient in monitoring the borrowers in the presence of asymmetric information, credit market imperfections have real effects....

State- and Wealth-dependence of individual risk preferences are investigated using Italian panel data. To elicit risk aversion, a social security policy reform occurred in Italy in 2008 is exploited. This law asks private sector employees to invest their accruing severance pay in three...

This paper provides a comprehensive analysis of the effect of early school entry on educational outcomes using standardized test score data on Italian pupils. The empirical procedure is designed to disentangle the effect of regular entry (Gift of Time) from possible unobserved confounding...

This paper analyzes the process driving graduate workers in undergraduate jobs. Micro and macro perspectives are considered so that the interrelationships between individual mismatch and over-education at the aggregate level are analyzed. The theoretical model highlights that individual mismatch...

This study aims at investigating whether wage of workers entering positions entitled to employment protection may be affected by the introduction of a two-tier labor market regime. By using repeated cross-sections microdata, we apply difference-in-differences estimators - also combined with...