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In the aftermath of the euro cash changeover consumers’ inflation perceptions rose substantially in the euro area countries while actual inflation figures remained almost unchanged. During that period media reporting on the potentially large inflationary effect of the euro introduction...
Persistent link: https://www.econbiz.de/10008522404
better explanation of the bias is then that newspapers choose firms according to their editorial policy and that they were …
Persistent link: https://www.econbiz.de/10005093996
effect generally improves the accuracy of consumer forecasts while the tone channel induces a media bias. …
Persistent link: https://www.econbiz.de/10005731499
, either party has the same probability of winning the election. However, if just one of the parties has the support of the …
Persistent link: https://www.econbiz.de/10008631534
can be explained as if corruption in Italy was typically a 'white collars' phenomenon during the 1980s and 1990s. Moreover …This paper investigates the causes of corruption in the Italian regions for the period 1980 to 2002 by selecting a … number of hypotheses assessed in the literature. Corruption turns out to be driven by the level of per capita income and of …
Persistent link: https://www.econbiz.de/10008676886
The demographic database of Istat (www.istat.it)is explored and the main facts are extracted and described, both at the aggregate national level as well as at the regional one. This paper is completely self-standing but, at the same time, poses the basis for a more general analysis that will be...
Persistent link: https://www.econbiz.de/10011259816
Persistent link: https://www.econbiz.de/10005056407
Viewing fiscal policies as the outcome of democratically resolved conflicts of households over public goods and taxes, the “economic model of politics” proposes a public choice approach, which does not rely on social welfare functions. With it, a country’s overall budget can be derived...
Persistent link: https://www.econbiz.de/10005264039
This paper investigates, in a simplified macro context, the joint determination of the (incorrect) perceived model and the equilibrium. I assume that the model is designed by a self-interested economist who knows the true structural model, but reports a distorted one so as to influence outcomes....
Persistent link: https://www.econbiz.de/10009144736
illustrates the tight link between parameter identification and the scope for bias that is generated by the autocoherence …
Persistent link: https://www.econbiz.de/10009150948